Oatly Goes to China

Discussion in 'Chit Chat' started by dealmaker, Jul 23, 2019.

  1. dealmaker

    dealmaker

    Oatly Goes to China


    Dairy is an exploding business in China. The industry is now worth $61 billion, and growing—approaching the U.S.'s $65 billion industry, which is declining—despite the fact that 90% of the population is actually lactose intolerant. Enter Oatly, the Swedish oat-based milk that is gaining popularity across "third-wave" hipster cafes, writes Fortune's Eamon Barrett. Fortune