Published December 11, 2020, 6:00 AM
Axelum Resources, the country’s leading fully-integrated manufacturer and exporter of coconut products, is expecting its coconut milk powder segment to fuel revenue growth.
In a disclosure to the Philippine Stock Exchange, the firms aid organic coconut milk powder is a fine, creamy white meat substance squeezed from fresh coconut milk that is dairy-free and made from all-organic components.
Photo credit: https://www.axelum.ph/
It is primarily used as a culinary ingredient for baked goods, curry dishes, packed food sauces and confectioneries.
Organic coconut milk powder is also utilized as a raw input for collagen-based products, which according to the same source, is forecasted to have a global market size of $7.5 billion by 2027, expanding at a pace of 6 percent compounded annual growth rate.
Published December 11, 2020, 5:30 AM
Leading food and beverage kiosk operator, Fruitas Holdings, Inc. (FHI) is introducing its own brand of fresh milk under the Babot’s Farm brand in addition to its line of milk products from Bukidnon Milk Company.
In a disclosure to the Philippine Stock Exchange, the firm said the first product of Babot’s Farm 100 percent Pure and Fresh Milk will be cow’s milk that is all-natural, has no preservatives, and sourced from grass-fed, free-range cows.
Babot’s Farm 100 percent Pure & Fresh Milk will subsequently have chocolate milk and carabao’s milk variants. Fruitas is also looking at yogurt as an additional product under the Babot’s Farm brand.