
Franklin Baker
Leading global processor of Philippine coconut products.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Acquisition | |
Total Funding | 000k |
Related Content
Franklin Baker Company is a prominent processor of coconut-based products, with a history spanning over 125 years in the Philippines. It stands as one of the largest global suppliers to the food and beverage industry, operating state-of-the-art facilities to ensure product quality and safety. The company was originally established in Philadelphia in 1894 by Franklin Baker, who entered the coconut business after receiving a shipment of coconuts as payment for a debt. His son, Franklin Baker Jr., later developed a method for producing tender, fresh-tasting coconut shreds, which revolutionized the industry. The company became a division of General Foods Corporation in 1927.
Franklin Baker's business model revolves around sourcing fresh coconuts and processing them into a wide array of products for the global market. Its client base consists of major players in the food and beverage sector worldwide. The company generates revenue through the sale of its extensive product portfolio, which includes desiccated coconut, coconut water, coconut milk powder, coconut cream, and virgin coconut oil. These products adhere to high standards, holding certifications such as USDA Organic, Non-GMO Project Verified, and Fair Trade. A key feature of its operation is a commitment to sustainability and supporting the Philippine coconut industry by empowering local farmers and workers.
Keywords: coconut processing, desiccated coconut, coconut water, food and beverage ingredients, Philippine agriculture, sustainable sourcing, organic food products, Fair Trade certified, coconut oil, B2B ingredients