Commodity to cult.
For twenty years Oatly was a functional Swedish oat-milk producer with packaging to match. The 2014 identity rebuild — typography-led, packaging treated as media — changed nothing about the product and everything about the company: revenue grew from roughly $30M to $200M+ within four years, and the company listed in 2021 at a ~$10B valuation.
The formulation stayed the same; the brand did the growing.







