Royce Food Corporation was established in 1990 with its first factory located in Tagum City, Davao del Norte, Philippines. The company started in its production facility with the production of the banana chips and is producing an average of 30 containers a month and exported all of its production to 32 countries. Seeing the opportunity of the abundance of coconuts in the area, the company then expanded and went into the production of other coconut-based products.