Companies jumping on oat milk bandwagon to meet demand
Chicago
SUPPLIES of oat milk, a coffee-shop favourite, are expanding after the popularity of the plant-based beverage last year left baristas struggling to meet demand.
Oatly Inc, based in Malmo, Sweden, is set to open a factory in Millville, New Jersey, in late March or early April to boost production by as much as 10 times. The closely held company had to turn down orders from some grocery stores and coffee shops amid limited supplies.
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Consumer & Healthcare
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