Axelum secures multi-year deal with Vita Coco

Coconut products exporter Axelum Resources Corp. renewed its partnership with The Vita Coco Company Inc., one of the world's top coconut water brands.

This agreement continues their collaboration aimed at meeting growing global market for coconut water, projected to reach $25.2 billion by 2031. 

Axelum, partly owned by Metro Pacific Investments Corp., first partnered with Vita Coco in 2009, supplying from its state-of-the-art processing facility in the Philippines, which includes recent enhancements to increase production capacity.