News on Chips and Snacks from India

The potato snack aisle is a battlefield-crammed with crisps, chips, fries, and a dizzying array of flavours. With global market revenues expected to reach over USD 126 billion by 2034 and a steady 3% annual growth rate, it’s clear that competition is fierce and only getting hotter.

Rising frying oil prices present a significant challenge for potato snack manufacturers, directly impacting their profit margins and operational strategies.

Consumers are rejecting synthetic antioxidants in snacks, pushing the industry toward natural options. Prasan Solutions' AO17, a plant-based antioxidant, leads the shift with clean-label benefits, safety, and effective frying oil protection.

Kerala-based banana chips maker Beyond Snack has secured USD 8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund started by Rakesh Kapoor, the former global CEO of Reckitt Benckiser. 

AAHAR 2025 is India's premier food and hospitality trade fair that showcases the latest innovations, trends, and products in the food industry.

Bikano, a leading name in the Indian snacks and sweets industry, announced the virtual inauguration of its state-of-the-art manufacturing plant in Jewar, Greater Noida, by Prime Minister Narendra Modi. 

SV Agri conducted its annual variety show featuring Ganesh variety of potatoes, attracting key stakeholders from the chips processing industry. 

Anuga FoodTec India & Anuga Select India 2024 are set to showcase unmatched innovation and industry excellence, gearing up for a landmark edition that will redefine the food and food technology sectors.

Pioneered by Bangladeshi brand PRAN, this Potato Biscuit category has rapidly expanded in India with major players like ITC and Britannia joining the fray, driven by the product's unique taste and texture. However, potato biscuits are largely absent in the rest of the world.

Koelnmesse Pvt Ltd, organised a 'Partners Forum', that brought together key industry leaders and stakeholders from the food and beverage industry. 

Koelnmesse India, a wholly owned subsidiary of Koelnmesse GmbH, and the Indian Chamber of Commerce (ICC) have joined hands in a landmark collaboration for the upcoming Anuga Select India 2024.

The Delhi High Court on Tuesday ruled that PepsiCo can claim a patent for the potato variety grown for its potato chips.

The World Mithai Expo 2023 in Kolkata hosted more than 350 exhibitors and approximately 50000 visitors and delegates from across India and beyond.

The 3rd edition of Food Expo is being held at Chennai Trade Centre, Chennai, Tamil Nadu, India from November 24 to 26, 2023.

The event is expected to see a footfall of 100,000, igniting innovation, showcasing global collaboration, and positioning India as the epicenter of the future in food processing!

India's largest conglomerate, the Tata Group, is looking for a substantial bite of one of the countries top two snack manufacturers, Haldiram's. The snack maker is reportedly asking for USD 10 billion valuation which corresponds to 6.6 times its annual revenue of USD 1.5 billion.

The potato variety FL-2027 (commercial name FC-5) used for the production of potato chips was registered by PepsiCo India Holdings in India and the registration was granted in February 2016 under the Protection of Plant Varieties and Farmers’ Rights Act, 2001, but the registration was revoked in 2021.

The 3-day event attracted nearly 300 exhibitors from around the world. Given the rapid growth that India’s food processing industry is currently witnessing, the event has generated valuable leads and deals for exhibitors.