Oatmilk pioneer Oatly’s new Unsweetened Oatmilk and Super Basic Oatmilk, which launched this week, respond to rising consumer concerns about plant-based milks, including their nutritional value and, for some, long lists of unfamiliar ingredients, which...
The Gen Z-oriented coffee brand Chamberlain Coffee released Salted Caramel and Mocha oatmilk lattes last month to “appeal to those that like a sweeter coffee and prefer oats as their top choice of milk,” Christopher Gallant, CEO, told FoodNavigator-USA.
Within plant-based milks, almond may dominate sales and oat may be the fastest growing sub-segment, but an increasing variety of nut-, seed-, legume- and grain-based options are coming to market – simultaneously fragmenting and growing the overall segment.
As part of a pivot to a more asset-light supply chain strategy, Oatly has struck a deal with Toronto-based Ya YA Foods to co-manufacture Oatly products in Utah and Texas in a bid to reduce capex and improve cash flow.
New data from IRI and SPINS shows continued steep declines in sales of refrigerated meat alternatives but pockets of growth in frozen products and some plant-based milk, cheese, and yogurt subcategories, which do not all behave in the same way (spoiler...
Oatly has unveiled a cost-cutting plan after posting another disappointing set of results, with a $107.9m net loss on net revenues up 7% to $183m in the third quarter (+16.7% to $199.7m on a constant currency basis), with gross profit margins of just...
Plant-based foods and beverages co-manufacturer SunOpta continues to see strong growth across its plant-based milks portfolio especially in oatmilk, which is growing at more than twice the rate of the broader oatmilk segment.
Barely registering in the US plant-based milk category five years ago, oatmilk now occupies the #2 spot in the retail market behind almondmilk in a subsegment with offerings from deep-pocked multinational beverage and dairy companies to pure-play plant-based...
The “huge bet” SunOpta has placed on oatmilk through an aggressive series of investments in production capacity “has absolutely paid off,” says CEO Joe Ennen as the firm gears up to open a new aseptic production facility in Midlothian, Texas and expand...
Oatly posted a $72m net loss on net revenues up 21.8% to $178m in the second quarter of 2022, slightly under analysts’ expectations, with gross profit margins of 15.8%, a figure CEO Toni Petersson insisted would rise over time as the Malmö-based oatmilk...
Dollar sales of refrigerated liquid plant-based creams and creamers were up +25.8% year-on-year to $527.4m in measured US retail channels* in the year to July 10, 2022, while unit sales were up +16.1%, led by strong growth in blends and ‘other’ (which...
US retail sales of plant-based milk rose +6.4% to $2.299bn in measured channels* in the year to June 12, 2022, driven by double-digit growth in oat milk and pea milk, according to new data shared with FoodNavigator-USA from SPINS.
Specialty coffee company Verve Coffee Roasters is debuting its latest ready-to-drink Flash Brew nitro-infused coffee – an Oatmilk Latte with a house-made oat milk.
As consumers’ love affair with oat milk continues to drive high double-digit, year-over-year sales food scientists are exploring how they can further enhance the beverage’s most beloved attributes, including its health benefits, sustainability and shelf...
Chobani has crossed into the metaverse through the online gaming platform Roblox where it's targeting a new generation of consumers with its oatmilk portfolio helping to transition its identity from a yogurt brand to broader food company, says Chobani...
Oatly's US revenues surged 40.3% to $47m in Q1, 2022, said the Swedish oatmilk maker, which claims Oatly is now the “fastest turning national brand in the entire US milk category [dairy and plant-based] with significant distribution upside,"...
Once a niche part of the market, lactose-free/reduced milk now accounts for 5.8% of volumes and 10.4% of dollar sales at US retail, with volumes up 10.1% vs 2020, while total dairy milk volumes in tracked retail outlets (MULO +C) continued to decline,...
Full year 2021 revenues at Oatly will likely exceed $635m, up 51% vs 2020, but well under the $690m+ the Malmö-based oatmilk maker was projecting over the summer, thanks to slower-than-expected production in the US, inflationary pressures, and ongoing...
Messaging around dairy alternatives often focuses on health, sustainability, animal welfare, or food allergy/intolerance, which motivates shoppers that want to feel good about what they put in their baskets and their bodies. But ‘plant curious’ consumers...
Oatly’s fill rates – currently at around 70% on a global basis and lower than that in the US – should increase significantly over the next couple of quarters as new capacity comes online, says the oatmilk maker, which claims gross margins will also improve...
Oatly will open its third US production facility - a 280,000sq ft plant in Fort Worth, Texas – in 2023 to meet surging demand for oatmilk, which continues to generate triple-digit growth in the US market.
It has become “increasingly common in virtually all industries for short seller firms to target a company with accusations that drive down its stock price, which is then followed by a shareholder plaintiff firm pouncing on the stock drop with a class...
Shares in Swedish oatmilk maker Oatly – which went public in May – dropped sharply on Wednesday following a report from New York based activist investor and short seller Spruce Point Capital Management arguing that “the walls are collapsing on Oatly’s...
Oatly – which made its debut as a public company today (Nasdaq ticker: 'OTLY') after an IPO that raised $1.4bn – has started producing its first products from its new plant in Ogden, Utah, this month, opening up new capacity to meet surging...
Oatly posted a net loss of $60m in 2020 on sales up 106.5% year-on-year to $421.4m, reflecting its continued investment as it ramps up production and aggressively expands into new markets, according to a prospectus published ahead of its initial public...
New Jersey-based Innovation Foods is building a $45m, 71,000-square-foot facility dedicated to producing aseptic and extended shelf-life (ESL) beverages for Oatly, which is projected to open in mid-2022.
Starbucks is adding Oatly oat milk to menus across the US “at a time when customers are seeking more plant-based choices to incorporate into their daily routines."
Chobani is moving into new territory with the launch of a Chobani Coffee, a line of multi-serve ready-to-drink coffees made with single origin cold brew and the company’s new oatmilks and dairy creamers, which might seem like a leap into the unknown,...
Chobani has moved further into the functional foods arena with the launch of probiotic yogurts and shakes, which follow hot on the heels of its plant-based probiotic beverage and protein- and fiber-packed Chobani Complete range, which hit shelves in the...
Dairy Farmers of America is rolling out its Dairy+ milk blends (lactose-free milks featuring 50:50 blends of plant-based milk and cow’s milk) to retailers in the Northeast as it pioneers the ‘hybrid’ trend in the dairy case after seeing more brands experiment...
With oatmilk muscling ahead of soymilk to become the #2 player in the plant-based milk category, SunOpta is aggressively building capacity to meet growing demand, with a new oat extraction facility in Alexandria, Minnesota, due to come online in the fourth...
New data shows oatmilk – a relative newcomer to the US plant-based milk category – has overtaken soy to take the #2 spot in the category behind almondmilk. But what are consumers looking for from their oatmilks, do they expect them to be fortified, and...
US retail sales of plant-based milk rose 17% to $2.362bn in measured channels in the year to September 6, 2020, according to new data from SPINS, which shows oatmilk - a relative newcomer - edging past soymilk to take the #2 spot in the category behind...
Dave Ritterbush has joined plant-based food & beverage co Califia Farms as CEO, replacing Greg Steltenpohl, who will retire as CEO but will remain on the board as an executive director.
Califia Farms is moving into new territory with the launch of plant-based butters - its first foray into the fats & oils category - and Protein Oat, a line of plant-based milks with a comparable level of protein to dairy milk per serving.
Virginia Governor Ralph Northam has vetoed a bill that would have limited the use of the term ‘milk’ on food labels to the lacteal secretions of hooved animals.
Chobani experienced significant sales uplifts in its core yogurt business in March as shoppers stocked up on dairy items (along with everything else), but the rising star in its portfolio is oatmilk, with new brand Chobani Oat overtaking Oatly and Silk,...
While the US oatmilk category is still in its infancy, it’s growing at an explosive rate,* says Oatly, the Swedish brand seeking to take the US market by storm. But can it keep up with demand?
With a portfolio spanning everything from refrigerated plant-based yogurt drinks to shelf-stable cans of cold brew coffee and oatmilk, Califia Farms has raised a jaw-dropping $340m+ over four funding rounds to build its plant-based empire over the past...
Plant-based food and beverage brand Califia Farms has raised $225m in a Series D funding round led by sovereign wealth fund Qatar Investment Authority (QIA), and says it is "carefully evaluating opportunities to expand beyond beverages and into many...
With sales of oatmilk surging as US shoppers seek new options in the plant-based milk segment, scores of brands are seeking to gain a slice of the action. But creating the perfect oatmilk requires the right raw materials, the right production parameters,...
Chobani is making a move into two major categories beyond the yogurt aisle in 2020 with the launch of Chobani Oat – plant-based beverages made with organic oats; and Chobani Coffee Creamer – clean-label dairy creamers made with cream and milk.
While oatmilk was an obvious category to enter for Quaker, a trusted brand synonymous with oats, Quaker Oat Beverage has been discontinued less than a year after launch. So what, if anything, does this tell us about what works and what doesn't in...
US retail sales of plant-based meat were up 9.6% to $801.1m in the 52 weeks to April 21, 2019, significantly outpacing growth in conventional meat sales (+2%), although the pace of growth has decelerated from the previous year, when plant-based meat sales...
Oatly and some other oatmilk brands have confirmed that they will be changing the way they list sugars on their Nutrition Facts panels following conversations with the Food and Drug Administration (FDA).
Oatly has voluntarily agreed to stop marketing its oatmilks as containing ‘no added sugars’ in ad campaigns following a complaint by Campbell Soup drawing attention to its oatmilk production process, which breaks down oat starch into simple sugars.
The oatmilk category has exploded as firms seek to cash in on surging consumer demand. But not all oatmilks and yogurts are the same, argue the founders of Hälsa, which is seeking to carve a niche in the market with an organic drinkable ‘oatgurt'...
60-second interview: Koen Burghouts, Global VP, nutrition group at PepsiCo
While a flurry of brands have piled into the oatmilk category of late, Quaker is seeking to carve a unique position in the category with a product that delivers the creamy texture and performance that consumers have come to expect, but also offers unique...
While several big names have piled into the oatmilk category in recent weeks, there is still room in the market for new players, argues the founder of Mooala, which is best-known for its organic bananamilk and almond milk, and is now launching a zero...
![Good Food Institute: 'We expect category growth [in plant-based meat] to accelerate significantly over the coming 12 months.' (Picture: Impossible Foods)](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/food-beverage-nutrition/foodnavigator-usa.com/article/2019/07/16/us-retail-sales-of-plant-based-meat-up-9.6-yoy-but-growth-has-decelerated/9923052-1-eng-GB/US-retail-sales-of-plant-based-meat-up-9.6-YoY-but-growth-has-decelerated.jpg)
