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Oatly is a Swedish brand that produces plant-based milk alternatives made from oats. Their products include oat milk, ice cream, yogurts, creams, and spreads.

Oatly was founded in the 1990s in Sweden with a mission to create plant-based milk alternatives for the environmentally conscious consumer.

The brand expanded to other Nordic countries in the early 2000s.

In 2006, Oatly began exporting to other countries and entered the US market.

The company gained popularity in the US in 2018 when it received an investment from Oprah Winfrey.

In 2019, Oatly faced criticism for selling a stake to a group of investors that included the Blackstone Group, a private equity firm that has been accused of contributing to deforestation.

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