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.
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...