Axelum Resources

What Axelum Resources does

Axelum Resources Corp. is a Philippines-based, fully-integrated manufacturer and exporter of premium coconut products, founded in 1986 and headquartered in Makati City with its primary processing plant in Medina, Misamis Oriental. The company operates a dual B2B/B2C model: on the industrial side, it produces desiccated coconut, coconut milk powder, coconut water, coconut milk/cream, sweetened and toasted coconut, reduced-fat coconut, and coconut cooking oil in bulk formats (10-200 kg) for global food and beverage manufacturers, confectionery brands, foodservice operators, and retail chains, with OEM and private-label capabilities. On the consumer side, it sells the Fiesta brand (coconut milk powder, desiccated coconut shred, coconut cooking oil, coconut milk/cream, and fresh coco gata) via Shopee, Lazada, TikTok Shop, and Philippine supermarket chains.

The company's technology stack centers on a state-of-the-art spray-drying line that converts fresh coconut milk into powder with 60-70% fat content and up to 24 months of ambient shelf life, UHT processing for coconut water, and a zero-waste manufacturing system in which coconut shells are used as boiler feedstock. It is supported by the largest standalone nut-opening facility in the Philippines, a workforce of over 4,000, and direct sourcing from 10,000+ coconut farmers within a 200 km radius, with multiple international certifications (BRCGS Grade AA, HACCP, GMP, USDA/EU/JAS Organic, Halal, Kosher).

Axelum monetizes primarily through quote-based B2B bulk industrial sales shipped to 25+ export markets through owned distribution centers in the United States (Red V Foods Corp., Georgia) and Australia (Fiesta Ingredients Australia, Victoria), plus a distributor in Spain and partners across Europe, the Middle East, and Asia. B2B pricing is custom and order-based with 50% advance payment and 4-week lead times; B2C retail is sold on major Philippine e-commerce platforms. The company has been listed on the Philippine Stock Exchange (ticker AXLM) since October 2019, and in February 2023, Metro Pacific Agro Ventures, a subsidiary of Metro Pacific Investments Corporation, acquired a 34.76% strategic stake for PHP 5.32 billion.

Name

Axelum Resources

Legal name

Axelum Resources Corp.

Website

https://axelum.ph

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Axelum Resources Corp. is a Philippines-based, fully-integrated manufacturer and exporter of premium coconut ingredients and consumer products, founded in 1986 and listed on the Philippine Stock Exchange (AXLM). It supplies bulk and private-label coconut products to global food and beverage brands across 25+ export markets and sells the Fiesta consumer brand domestically.

Ownership category

akta.pro rank

Product category

Coconut Food Ingredients Manufacturing

NAICS

Food Manufacturing (311), Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114)

SIC

Food And Kindred Products (2000), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Beverages (2080)

akta.pro primary industry

Dried Fruit & Fruit Snacks Manufacturing (AFAKAIAL)

akta.pro secondary industries

Fresh Fruit & Vegetable Juices & Juice Blends (Cold-Pressed, NFC, From Concentrate) (AFAKAFAB), Coconut Oil Processing (AFAKAEAD), Juice Concentrates & Fruit Bases (AFAFAGAB), Fruit Snacks & Dried Fruit (CRADABAJ)

Keywords

• Coconut food ingredients
• Desiccated coconut production
• Coconut milk powder
• Coconut oil processing
• Plant-based food manufacturing

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure

Revenue model

1. B2B Bulk/Industrial Coconut Products Sales: Axelum manufactures and exports bulk coconut products (desiccated coconut, coconut milk powder, coconut water, coconut milk/cream, sweetened coconut, toasted coconut, reduced fat coconut, coconut cooking oil) to major food and beverage manufacturers, confectionery brands, foodservice operators, and retail chains worldwide. Products are sold in industrial pack sizes (10kg-25kg kraft paper bags, 200kg drums). OEM/private label packaging is offered. This is the primary revenue stream.
2. B2C Consumer Retail Products: Axelum sells branded consumer coconut products under the Fiesta brand (Fiesta Coconut Milk Powder, Fiesta Desiccated Coconut Shred, Fiesta Romantika Coconut Cooking Oil, Fiesta Tropicale Coconut Milk/Cream, Fiesta Fresh Coco Gata) through e-commerce platforms (Shopee, Lazada, TikTok Shop) and supermarket chains. Retail products are sold in consumer-friendly pack sizes (40g-500g pouches, 100ml-400ml bottles/pouches).

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Axelum Resources manufactures and exports a portfolio of coconut-based food ingredients and finished products from the Philippines, including desiccated coconut, coconut milk powder, coconut water, coconut cream, and coconut cooking oil. Its offerings serve global industrial food and beverage manufacturers as bulk ingredients, alongside the Fiesta consumer brand distributed through retail channels.

Product overview

Axelum Resources Corp. is a Philippines-based coconut products manufacturer and exporter operating since 1986. The company offers a dual-portfolio approach serving both industrial B2B customers and retail consumers. Industrial products include: Desiccated Coconut, Sweetened Coconut, Toasted Coconut, Cocorich Reduced Fat Coconut, Coconut Water, Coconut Milk Powder, Coconut Milk/Cream, and Coconut Cooking Oil — used as culinary inputs for food processing, beverages, and manufacturing. Retail consumer products are sold under the Fiesta brand family: Fiesta Coconut Milk Powder, Fiesta Tropicale Coconut Milk/Cream, Fiesta Desiccated Coconut Shred, Fiesta Romantika Coconut Cooking Oil, and Fiesta Fresh Coco Gata. Products are distributed globally to 25+ markets across North America, Europe, Australia, South America, Middle East, and Asia, with distribution centers in the US and Australia.

Differentiator

Problem solved

Functional benefit

Brands

• Fiesta Coconut Milk Powder: Premium coconut milk powder available in retail pouches (40g, 120g, 500g) and industrial bulk packaging, for cooking, baking, and food manufacturing applications.
• Fiesta Desiccated Coconut Shred
• Fiesta Romantika Coconut Cooking Oil
• Fiesta Tropicale
• Fiesta Fresh Coco Gata
• Fiesta Toasted Coconut
• Cocorich Reduced-Fat Coconut
• Fiesta Tropicale Coconut Water

Products and services

• Desiccated Coconut Shelf-stable dried coconut meat used as an ingredient by industrial bakery, confectionery, and food manufacturers worldwide.
• Coconut Milk Powder Spray-dried coconut milk used by food and beverage manufacturers as a dairy-alternative and flavor ingredient in soups, curries, beverages, and packaged foods.
• Coconut Water Processed coconut water supplied as an ingredient and as a finished beverage product to food manufacturers and retail channels.
• Coconut Cream Concentrated coconut cream sold to food manufacturers and through retail as a cooking and baking ingredient.
• Coconut Cooking Oil Refined coconut cooking oil sold to food manufacturers and through retail channels for cooking and food preparation.
• Fiesta Branded Consumer Coconut Products Consumer-facing line of packaged coconut products under the Fiesta brand sold through retail channels for household cooking and baking use.

Quantifiable outcome

• 37% increase in income year-over-year (2023 news release)
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators10 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Celebes Coconut Corporation: Philippine coconut products manufacturer also listed on the Philippine Stock Exchange. Directly comparable to Axelum as a Mindanao-based exporter of desiccated coconut, coconut milk powder, and coconut oil serving global B2B customers.
• Peter Paul Philippines: Philippine manufacturer and exporter of desiccated coconut and coconut-based ingredients. Closely comparable to Axelum on product mix, B2B customer base (US confectionery and food brands), and Philippine export orientation.
• Thai Coconut Public Company Limited: Thailand-based coconut products manufacturer producing coconut milk, coconut cream, and desiccated coconut for export. Closest ASEAN regional peer and direct competitor in the same B2B ingredient categories served by Axelum.
• Franklin Baker Company: US-headquartered (historically Philippine-sourced) desiccated coconut and coconut ingredient supplier serving global food manufacturers. Directly comparable to Axelum's industrial desiccated coconut and sweetened toasted coconut lines.

Broad incumbents

• Vita Coco Company: World's largest coconut water brand and a long-term Axelum customer. Comparable as a vertically engaged player in the coconut value chain (branded consumer side), and increasingly a downstream integrator that could shift supply dynamics for Axelum.
• Goya Foods: Large US Hispanic/Caribbean food company with broad tropical and coconut product portfolio (coconut milk, coconut water, shredded coconut). Comparable to Axelum as a coconut-containing food products competitor with overlapping retail and foodservice channels.
• McCormick & Company: Global flavor and food ingredients company with coconut-containing products and ingredient lines serving B2B food manufacturers. Comparable to Axelum as a broader food ingredient supplier with overlap on coconut-related product categories, though it is not a pure-play coconut company.
• Dabur India Limited: Large Indian FMCG company with coconut water and coconut-based hair/skin care product lines. Comparable to Axelum as a coconut-containing consumer brand and ingredient player operating across multiple geographies.

Emerging players

• Harmless Harvest: US-based organic coconut water and coconut-based beverage brand owned by Danone. Comparable to Axelum as a coconut water consumer brand that sources from similar Southeast Asian supply chains and competes indirectly via retail coconut water demand.
• C2O Pure Coconut Water: Premium packaged coconut water brand competing in the same shelf space as Vita Coco and Harmony. Comparable to Axelum's Fiesta coconut water retail line and competes for the same consumer coconut water dollar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/axelumofficial
• LinkedInlinkedin.com/company/axelum-resources-corp

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Axelum Resources