Once valued at over $15 billion, Oatly’s market capitalization has plummeted by 98% due to poor execution in expanding production and mounting financial losses. Its sluggish growth in plant-based products makes Oatly’s future murky, according to FI’s resident stock expert.
The global ice cream market is set to grow by $31.7 billion by 2029, driven by innovations in texture stabilization, functional ingredients, and adventurous flavor profiles. The latest innovations include low-sugar alternatives, in addition to boozy creations.
As Americans grow ever more enamored with alternatives to milk, cream and other dairy-based items, Nestlé USA has decided to make a major investment in the sector with a $675 million beverage facility in Glendale, …
