What Franklin Baker does

Franklin Baker Company of the Philippines is a Philippine-incorporated B2B manufacturer of coconut ingredients, founded in the 1890s and operating in the Philippines since 1922. The company produces premium desiccated coconut (classic, sweetened, and toasted variants in various cuts and granulations), coconut water (single strength and concentrate), coconut milk and cream, creamed coconut, virgin coconut oil, and by-products such as coconut paring oil and paring cake. Manufacturing runs across three Philippine plants — Sapphire (San Pablo, Laguna, est. 1926), Emerald (Coronon, Davao del Sur, est. 1968), and Diamond (Darong, Davao del Sur, est. 2015, the first PEZA-registered facility) — employing proprietary processing technology including UHT pasteurization for coconut milk/cream, cold mechanical expelling for virgin coconut oil, and high-precision cutting with validated critical control points. The corporate office is in Makati, with a US sales office in Memphis, Tennessee.

The company sells exclusively to large-scale food and beverage manufacturers across confectionery, baking, desserts, cereals, beverages, sauces, prepared meals, food supplements, and personal care categories, with distribution to over 50 countries in the US, South America, Europe, Middle East, Africa, and Asia Pacific. Pricing is quote-based under INCOTERMS, with no publicly disclosed rates. Revenue is generated primarily through bulk coconut ingredient sales and a secondary private label/contract-manufacturing offering. The business is supported by 18+ international certifications (ISO 9001, ISO 22000, BRC, HACCP, Halal, Kosher, Fair Trade USA, USDA/EU/JAS Organic, Non-GMO, SedEx SMETA) and a PAB-accredited in-house microbiology laboratory. In December 2025, Franklin Baker was acquired by Metro Pacific Coconut Holdings Corporation, a subsidiary of Metro Pacific Investments Corp., and continues to operate as a strategic operating company within the MPIC group.

Name

Franklin Baker

Legal name

Franklin Baker Company of the Philippines

Website

https://franklinbaker.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Franklin Baker is a Philippines-based B2B manufacturer of premium coconut ingredients — including desiccated coconut, coconut water, milk/cream, and virgin coconut oil — supplying food and beverage manufacturers in over 50 countries from three manufacturing plants.

Ownership category

akta.pro rank

Product category

Coconut Ingredient Manufacturing

NAICS

Food Manufacturing (311), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

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

akta.pro primary industry

Dried Fruit & Fruit Snacks Manufacturing (AFAKAIAL)

akta.pro secondary industries

Coconut Oil Processing (AFAKAEAD), Juice Concentrates & Fruit Bases (AFAFAGAB)

Keywords

• Desiccated coconut
• Coconut ingredients
• Coconut processing
• Food ingredient manufacturing
• Coconut oil production

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Coconut Ingredient Sales: Franklin Baker generates revenue by manufacturing and selling coconut products including desiccated coconut, sweetened coconut, toasted coconut, coconut water, coconut milk and cream, creamed coconut, and virgin coconut oil to food and beverage manufacturers worldwide. Products are available in various cuts, granulations, and packaging options for commercial buyers.
2. Private Label Opportunities: The company offers private label opportunities for businesses looking to launch or expand their product line with premium coconut-based products, allowing partners to leverage Franklin Baker's legacy of quality and manufacturing capabilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Franklin Baker manufactures and supplies premium coconut ingredients to food and beverage manufacturers worldwide. Its product portfolio includes desiccated coconut (Classic, Sweetened, Toasted), coconut water, coconut milk and cream (UHT-processed), creamed coconut, virgin coconut oil (cold-pressed), and by-products such as coconut paring oil and paring cake. Products are sold in various cuts, granulations, and packaging options, with private-label opportunities available to commercial buyers.

Product overview

Franklin Baker is a coconut ingredient supplier offering a diverse portfolio of coconut products to food and beverage manufacturers worldwide. The product lineup centers on desiccated coconut (available in Classic, Sweetened, and Toasted variants with various cuts), coconut water (in Single Strength and Concentrate forms), coconut milk and cream (UHT-processed), creamed coconut (paste format), and virgin coconut oil (cold-pressed). The company also offers coconut by-products including paring oil and paring cake. All products are manufactured in the Philippines using proprietary processing methods and backed by comprehensive food safety certifications. Products are supplied to manufacturers in over 50 countries across US, South America, Europe, Middle East, Africa, and Asia Pacific.

Differentiator

Problem solved

Functional benefit

Products and services

• Classic Desiccated Coconut Premium desiccated coconut made from freshly picked mature Philippine coconuts using high-precision cutting technology. Available in full fat with multiple cuts and granulations (Macaroon, Medium, Flake, Extra Fine, Fancy Shred, Angel/Devil Mill Blend, Chip, Mill Run Chip) and varying sulfite levels for commercial food manufacturers.
• Sweetened Coconut Delectably sweet desiccated coconut with controlled moisture content for breading and toppings applications in industrial food production. Available in Medium, Flake, and Fancy Shred cuts.
• Toasted Coconut Premium desiccated coconut that is sugar-roasted with natural full fat to produce an even crisp and rich caramelized flavor for sweet and savory applications. Available in Macaroon, Medium, Flake, Niblet, Chip, and Rice Cut variants.
• Coconut Water 100% natural coconut water extracted from freshly picked mature coconuts, with no artificial colors, flavors, or preservatives. Available in Single Strength and Concentrate forms for ready-to-drink beverages and other beverage applications by commercial buyers.
• Coconut Milk and Cream Coconut milk and cream extracted from the fresh meat of mature coconuts and processed using UHT (Ultra-High Temperature) technology to preserve natural whiteness, fresh taste, and authentic aroma without stabilizers. Available in a range of fat levels for food and beverage manufacturing applications.
• Creamed Coconut Finely ground unsweetened coconut paste made from freshly picked mature coconuts, with rich nutty aroma, creamy flavor, and smooth texture. Designed as an alternative to coconut milk and cream for commercial applications; hot water is added to achieve desired consistency or fat content.
• Virgin Coconut Oil

Quantifiable outcome

• First desiccated coconut facility worldwide to earn ISO 9002:1987 certification (1994)
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Sustainable Coconut Supply Chain Foundation Inc. (SCSCFI)coreStrategic or Co-development Partner · 1 November 2025SCSCFI partnered with Franklin Baker and San Miguel Global Power to bring the first-ever Community Health Caravan to Barangay Coronon, Davao del Sur, providing free medical consultations, dental procedures, eye check-ups, and other services to over 800 individuals.
• San Miguel Global PowerminorStrategic or Co-development Partner · 1 November 2025San Miguel Global Power partnered with Franklin Baker and SCSCFI for the Community Health Caravan in Barangay Coronon, Davao del Sur, contributing to the joint initiative for community welfare.
• SymrisecoreStrategic or Co-development Partner · 1 November 2024Symrise partnered with Franklin Baker, The Absolut Company, and GIZ on the SDG Coco initiative to foster continuous farm improvement and support sustainability of the coconut supply chain through capacity development, Good Agricultural Practices implementation, and intercropping techniques.
• The Absolut Company (Malibu)coreStrategic or Co-development Partner · 1 November 2024Partner in SDG Coco initiative focused on fostering continuous farm improvement and supporting sustainability of the coconut supply chain through capacity development and Good Agricultural Practices.
• GIZcoreStrategic or Co-development Partner · 1 November 2024GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) partners with Franklin Baker, Symrise, and The Absolut Company on the SDG Coco initiative to support sustainability of the Philippine coconut supply chain.
• DanonecoreStrategic or Co-development Partner · 1 January 2019Danone partners with Franklin Baker on the COCO 2 project with L3F and IRDF to support long-term viability of organic coconut production by helping guarantee long-term market access through direct sourcing, digital traceability at farm sites, and empowering women and youth farmers.
• MarscoreStrategic or Co-development Partner · 1 January 2018Mars partnered with Franklin Baker on the COCO 1 project in partnership with Livelihood Funds for Family Farming (L3F) and Integrated Rural Development Fund (IRDF). The program helps farmers organize associations, train on sustainable farming practices including multi-cropping and replanting techniques, and involves younger generations in coconut farming.
• Livelihood Funds for Family Farming (L3F)coreStrategic or Co-development Partner · 1 January 2018L3F partners with Franklin Baker on COCO 1 (with Mars) and COCO 2 (with Danone) programs to support coconut farmers through capacity building, sustainable farming practices training, and livelihood enhancement.
• Integrated Rural Development Fund (IRDF)coreStrategic or Co-development Partner · 1 January 2018IRDF partners with Franklin Baker on COCO 1 and COCO 2 programs to help farmers organize associations, train on sustainable farming practices, and explore ways to utilize coconut parts and transform coconut waste into marketable products.
• SedExminorOthersSedEx is a global community of over 70,000 businesses sharing insights and best practices for ethical supply chain management. As a SedEx member, Franklin Baker undergoes periodic 4-Pillar SMETA audits covering Labor Standards, Health & Safety, Business Ethics & Environment.
• Sustainable Coconut PartnershipminorOthersSustainable Coconut Partnership is a global platform for sustainability and multi-stakeholder initiative focusing on Transparency and Traceability, Landscape Approach, Low Carbon and Regenerative Agriculture, and Human Rights and Living Income.
• Coconut Coalition of the Americas (CCA)minorOthersFounded in 2017, CCA was established to combat negative perceptions surrounding coconut products and engage in FDA labeling guidelines process. The coalition seeks to present a unified voice for the coconut industry.

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Thai Coconut Public Company Limited: Thai Coconut Public Company is a Thailand-based manufacturer of desiccated coconut, coconut milk and related coconut ingredients serving B2B food manufacturers worldwide. Directly comparable to Franklin Baker in product mix (desiccated coconut as a core SKU), B2B distribution model, and target customers in confectionery and baking.
• PT Sambu Group: PT Sambu Group is one of Indonesia's largest integrated coconut processors, producing desiccated coconut, coconut milk, coconut oil and other coconut derivatives for global B2B customers. Closely comparable to Franklin Baker as an Asian-origin, B2B coconut ingredient manufacturer competing for the same international customer base.
• Renuka Agri Foods PLC: Renuka Agri Foods is a Sri Lankan producer of coconut-based products including desiccated coconut, coconut oil and coconut milk powder for export markets. Directly comparable to Franklin Baker in product portfolio and B2B export focus, and operates in the same Southeast Asian coconut ingredient competitive set.

Broad incumbents

• Cargill: Cargill is one of the world's largest agricultural commodity processors and food ingredient suppliers, with extensive operations in vegetable oils, coconut derivatives and specialty food ingredients. Comparable to Franklin Baker as a broad incumbent that supplies coconut and related ingredients to many of the same global F&B manufacturers, though as part of a vastly larger portfolio.
• ADM (Archer Daniels Midland): ADM is a global leader in agricultural processing and food ingredient manufacturing, including edible oils and specialty ingredients that overlap with Franklin Baker's desiccated coconut and oil product lines. Comparable as a broad incumbent serving the same multinational F&B customers, though at significantly larger scale and with broader category coverage.
• Bunge Global: Bunge is one of the world's largest oilseed processors and a major supplier of vegetable oils and specialty fats used by global food manufacturers. Comparable to Franklin Baker as a broad incumbent in the vegetable oil and food ingredient space, particularly relevant for Virgin Coconut Oil substitution dynamics and shared customer base.

Emerging players

• Marico Limited: Marico is an India-listed consumer goods company with a sizeable coconut-based portfolio including edible oils and hair care (Parachute). Comparable to Franklin Baker through its edible coconut oil processing and Asian-origin supply chain, though it is more B2C-skewed and operates at larger scale across India and Southeast Asia.
• Vita Coco Company: Vita Coco is a global coconut water brand that relies on coconut water concentrate sourced from Southeast Asian processors. Comparable to Franklin Baker through its coconut water category presence and sourcing overlap, though Vita Coco is a B2C beverage brand rather than a B2B ingredient supplier like Franklin Baker.
• Harmless Harvest: Harmless Harvest is a US-based coconut water brand focused on organic and sustainably sourced products. Comparable to Franklin Baker through its coconut water category overlap and shared emphasis on organic certifications and traceability, though it is B2C-focused with a narrower product line.

Regional players

• Dabur India Limited: Dabur is a major India-based consumer goods company with a portfolio that includes coconut-based hair oils and edible oils. Comparable to Franklin Baker in coconut oil processing and downstream applications, though it operates primarily in the Indian market and is largely B2C.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/franklinbakergroup
• LinkedInlinkedin.com/company/franklin-baker-company-of-the-philippines

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 Franklin Baker