🖤 Donations of all sizes power our public service journalism Give Now

Oatly plans IPO as plant-based milk goes mainstream

May 19, 2021
A tour of the dairy case shows the rise of milk alternatives.
Oatly, the Swedish maker of oat milk, will start selling shares to the public on Thursday, in an offering expected to value the company at $10 billion. The market for milk substitutes has been growing rapidly, with Nestle just releasing its own version made from peas.

Why oat milk got so popular

Aug 16, 2019
Kai talks with Deena Shanker of Bloomberg about how Oatly made oat milk popular.
A man pours oats into a tupperware container.
Cate Gillon/Getty Images