Oatly Group AB OTLY

What this company does

Oatly Group AB manufactures and sells oat-based dairy alternative products, prioritizing beverages as its core category while also offering adjacent products such as cooking products, oatgurts and frozen desserts. It grew its production facilities from one site in Sweden in 2018 to five facilities across Europe, the United States and Asia as of December 31, 2025. Its products are distributed in more than 60 countries across five continents through foodservice, food retail and e-commerce channels. In fiscal year 2025, the retail channel accounted for approximately 65.1% of its revenue, the foodservice channel for approximately 32.8%, and other channels for approximately 2.1%. It organizes its operations across three principal markets: Europe & International, Greater China and North America. Oatly was founded by food and nutrition scientists and, over more than 30 years of research and development, developed a proprietary liquid oat base production technology that uses patented enzymatic processes to turn oats into liquid products.

Written from the business description in Oatly Group AB's annual report to the U.S. Securities and Exchange Commission, filed 13 March 2026. Every sentence was checked against that document before publication.