Oatly: net sales 2023

Oatly AB, which was founded in 1985 and is based in Malmö, Sweden, reached its highest amount of net sales in 2023 with approximately 3.4 billion Swedish kronor. In this year, the company producing oat drinks and various organic products made a loss of roughly 4.8 billion Swedish kronor.

 Organic food in Sweden

Swedes seemed to be interested in buying organic products in 2022. The share of organic products in the total food and non-alcoholic beverages revenue in the retail trade sector in the country was highest for fish, amounting to around 19 percent. Fruit followed closely, ahead of coffee, tea and cocoa. That year, organic dairy products such as milk and cheese had a share of just over seven percent.

Naturli’ Foods

Another noteworthy Scandinavian company operating in the plant-based food products industry is Naturli’ Foods A/S. The Danish producer offers plant-based alternatives to dairy products, meat and health food. Its profit fluctuated in recent years, peaking at roughly 15.6 million Danish kroner in 2019. As of the years that followed, it decreased overall to 7.5 million Danish kroner in 2022.

Net sales of Oatly AB from 2013 to 2023 (in 1,000 SEK)

Characteristic	Net sales in thousand SEK
2023	3,431,539
2022	3,043,021
2021	2,885,686
2020	2,276,069
2019	1,420,807
2018	874,292
2017	636,077
2016	475,244
2015	363,368
2014	268,601
2013	223,119

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Release date

July 2024

More information

Region

Sweden

Survey time period

2013 to 2023

Supplementary notes

Figures have been rounded.

Some figures have been taken from previous publications.

To access the publication, click the link below the heading "Årsredovisningar Oatly AB".

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