HOMEGROWN exporter Profoods International Corp. has signed a partnership with coconut farmers in the municipalities of Tudela and Poro in Camotes to be a supplier organic coconuts, which will be exported to the United States and Europe.
Profoods inked a purchase agreement with 13 coconut farmers from barangays Calmante, General and Villahermosa, said Tudela Mayor Erwin Yu in a press statement.
The export company targets to buy 269,400 of organic coconuts from a 32-hectare coconut farm in Tudela. The agreed purchase price is P8.50 per coconut.
Profoods president and chief executive officer Justin Uy said in an interview that his company is eyeing to buy more organic fruits across the country to supply the growing demand of organic products in the global market.
Uy said his company invested millions certifying the identified coconut farms in Camotes as organic.
Organic products, he said, have a huge demand in the US and Europe.
The harvested organic coconuts will be processed into various by-products such as coco water, coco meat, and puree. Profood, however, will do away with traditional products, such as virgin coconut oil, citing that VCO products are already flooding the export market.
“Demand is high so long as it’s organic,” Uy said.
Aside from Tudela, Profoods also inked a similar agreement with a farmer’s association in Barangay Alta Vista, Poro.
Provincial Agriculturist Roldan Saragena, in a statement, said organic products are becoming popular these days because they are free from chemicals.
Aside from organic coconuts, Profoods is also sourcing other organic fruits such as passion fruit and guyabano across the country.
In a recent forum held in Cebu, Filipino food manufacturers eyeing to expand market overseas were encouraged to export organic food products to the US.
Asia Etc. founder and chief executive officer Nicholas Johnson said tapping the US market would eventually lead to more opportunities in the multi-million-dollar global health and environment-conscious market.
Johnson specifically cited the potential of organic coconut-based products.
In 2013, the growth of the global market for organic food and drink has grown from $15.2 billion in 1999 to $72 million.
Meanwhile, a variety of coconut products such as coconut water, milk, milk powder, flour, cider vinegar, coconut nutraceutical products, desiccated coconut, coconut sugar, organic extra virgin coconut oil and virgin coconut oil beauty pearls were showcased by the Philippine delegation last year during the Natural Products Expo East.
The Cebu Provincial Board recently passed an ordinance for the promotion of organic farming. The ordinance ensures organic farmers of regular assistance from the Province.