News On French Fries and Potato Specialties

360 ONE Asset will invest about USD 70 million in Iscon Balaji Foods to expand processing capacity, strengthen farmer supply chains, upgrade cold storage, launch new value-added products, and grow exports to new international markets.

Bihar Government launches Lady Rosetta Potato Expansion Scheme offering farmers 75% subsidy for chips & French fries variety. Applications open till Jan 15, 2026 across 17 districts, boosting farmers’ income and high-value potato cultivation.

One of the standout highlights of the first day of the Global Potato Summit 2025 was the Indian Potato Industry Excellence Awards, a platform created to honor leadership, innovation and impact across India’s potato value chain.

Sandip Thakker, Founder of SK Group, was honoured as 'Pioneer of Potato Export' at GPS 2025 for building export-ready infrastructure, contract farming, cold-chain systems and positioning India as a global, value-added potato supplier.

A renewed family conflict has emerged at McCain Foods, the world’s largest producer of frozen French fries, after Eleanor McCain sought to sell her stake for more than CAD 1 billion (USD 735 million).

Lamb Weston Holdings, Inc. (NYSE: LW) has announced plans to close its Munro, Argentina plant and consolidate production for the Latin America region to its new, modern facility in Mar del Plata, Argentina.

HyFun Foods has launched India’s largest potato flake line in Mehsana, Gujarat, with 18,000 MT annual capacity. Using advanced Kiremko and Siemens tech, the facility boosts quality, automation, and global exports.

Iscon Balaji Foods and its brand Hungritos marked a strong presence at Global Potato Summit 2025, engaging industry leaders and receiving the Frozen Potato Products Leadership Award for excellence, innovation, and farmer-centric growth.

Folkland Foods is expanding operations with a new drive-in freezer on track for completion by January 2026, adding on-site frozen storage and supporting future growth. Supply partner Troyer Growers is adding potato storage to strengthen supply.

IFCG will exhibit at Gulfood 2026, held Jan 26–30, 2026 at the Dubai Exhibition Center, Hall 8 South, Stand 47–80. The Egyptian producer will showcase premium sweet potato and potato fries, highlighting quality, innovation, and export strength.

Egypt’s General Authority for the Suez Canal Economic Zone (SCZONE) on December 23 announced the launch of a new agro-processing project in the Sokhna industrial zone, with a total investment of USD 8 million.

Royal Cosun advances sustainability through regional and national deals. Limburg sites cut 30,000 tonnes of CO₂ annually, while a €73 (USD 85.6m) state agreement delivers a 167 kt CO₂ reduction by 2030, plus major nitrogen and ammonia cuts.

Lamb Weston se desplomó pese a superar expectativas porque, aunque crece el volumen, la compañía advirtió que su poder de precios y sus márgenes seguirán bajo presión en la segunda mitad del año debido a descuentos, costos internacionales elevados y un entorno competitivo desfavorable.

Lamb Weston Holdings, Inc. (NYSE: LW) has announced its results for the second quarter of fiscal 2026 and updated its full year financial targets for fiscal 2026. 

Shri Vibracion Technologies wrapped up a successful Global Potato Summit 2025, showcasing smart handling solutions that ensure clean, steady product flow. Strong industry interest highlighted growing demand for efficient, hygienic processing systems.

Troostwijk Auctions launches six online auctions (18 Dec–15 Jan) to sell the full industrial assets of bankrupt Dutch potato processor CêlaVíta, offering high-quality potato processing, packaging and labelling machinery from leading brands.

Lamb Weston entered Southeast Asia retail via Singapore, using it as a trend-setting test market. The company launched four oven- and air-fryer–ready fry SKUs, tailored to Asian habits, before planned expansion to Malaysia and beyond.

The global food and beverage industry is entering a defining era, driven by health, technology, sustainability, transparent sourcing and AI-powered performance, as the global food and beverages market is projected to reach USD 11.37 trillion by 2030.