Food & Beverage
Our food and beverage consultants help businesses future-proof their organizations by implementing forward-thinking strategies that drive resilience and position them for long-term success.
Food & Beverage
The food and beverage industry is evolving faster than ever. Companies face mounting pressures from sustainability regulations, rising costs, workforce challenges and industry consolidation.
Our food and beverage consultants support businesses across the supply chain—from agribusiness and consumer packaged goods to distribution and retail channels—helping organizations adapt to industry changes, optimize operations and seize growth opportunities.
Baker Tilly’s Sustainability Regulations Tool helps organizations identify compliance requirements
With this tool, leaders can understand which sustainability regulations apply to their organization to help prioritize their reporting readiness and assurance efforts.
How we can help
By delivering proactive, industry-specific solutions to a wide range of food and beverage businesses, we focus on emerging trends and tackling industry challenges. Our strategic solutions are designed to drive growth and enhance operational efficiency. Explore our key offerings tailored to meet the unique needs of food and beverage organizations:
Understanding and leveraging tax credit programs, including those under the Inflation Reduction Act (IRA), can be challenging. Our tax credits and incentives advisory team guides you through the process of identifying and obtaining available incentives, while ensuring compliance with critical requirements. We help you unlock funding opportunities to drive business growth and enhance your bottom line.
From AI and machine learning to manufacturing ERP solutions, we strengthen core processes and enhance performance to achieve your goals. Our holistic approach integrates data, automation and emerging technologies to boost efficiency, scalability and resilience. Whether optimizing operations or modernizing systems, we drive sustainable growth and a competitive edge.
Supporting organizations' finance teams across their many responsibilities from cost and profitability management to AI process improvement and risk mitigation. When your finance organization is tapped out, our manufacturing consulting professionals can support your team on a project-by-project basis.
From new builds to expansions or consolidations — we help you identify feasibility, obtain funds and execute your next project. Our development advisory team helps food and beverage companies explore and execute capital expansion projects.
Industry specialization
The food and beverage industry is made up of diverse businesses, each facing unique challenges and opportunities. From farm to table, our team provides tailored solutions to support companies at every stage of the supply chain. Explore our specialized focus areas below to see how we can support your success.
Agribusiness
- Cooperatives
- Traditional and specialty crop farming
- Livestock and aquaculture
- Egg and dairy
- Animal byproducts
- Cannabis, hemp and hops
- Equipment, feed and fertilizer
- BioFuels and ethanol
Food and beverage processors
- Alcoholic, non-alcoholic and infused beverages
- Consumer packaged goods (fresh, frozen and shelf-stable)
- Processing, manufacturing, packaging, private label and cooperatives
- Refining, milling, baking and ingredient production
- Supplements and protein alternatives
- Edibles, THC and CBD
Distribution and logistics
- Wholesale, retail and distribution
- Grocers, restaurants, franchises, cooperative and convince
- Cold storage, warehousing and third-party logistics
- Accessories, tech and private equity
By the numbers
With clients coast to coast, our service breadth and reach reflect the depth of our industry expertise and the trust businesses place in our team. As part of a top 10 professional services network globally, we share a dedication to exceptional client service, unmatched regional expertise and a commitment to lasting community impact.
4,000+
manufacturing clients
750+
dedicated professionals
90+
years of industry experience
Food and beverage insights
Food production company evaluates ERP system for MRP functions
Food manufacturer achieves greater visibility into production processes following system evaluation and new MRP solution.
Leading food distributor leverages risk management strategies to reduce overall spending
Baker Tilly used statistical modeling to help the company optimize resources and reduce risk mitigation costs for a leading distributor of natural, organic and specialty foods that provides groceries, fresh products, and health and wellness items to retailers.
Food and beverage industry outlook 2024: Key strategies for navigating the year ahead
Explore our food and beverage industry outlook 2024 - covering M&A, IRA insights, ESG trends, election impacts and strategies to thrive in 2025 and beyond.
Unlocking success: How analytics can transform beverage distribution
A beverage distribution business can be challenging to understand and manage without a strong reporting platform, given the significant volume of transactions, customers and products to manage. Having clear insight into industry analytics can improve processes, decision making and overall profitability.
Food and beverage M&A update: H1 2024
This report developed by Baker Tilly Capital, LLC provides an update on the food and beverage mergers and acquisitions (M&A) market in the first half of 2024.
Food company gains insights into key profit drivers using customer and item profitability models
Learn how an international food company used Baker Tilly’s experts to create a customer and item profitability model across multiple operating companies and ERP systems.
Bongards Creameries lands $81 million NMTC allocation for expansion
The Baker Tilly Capital team helped Bongards Creameries receive an $81 million New Markets Tax Credit (NMTC) allocation to finance their desired expansion and equipment upgrades, allowing them to stay competitive in the marketplace.
Manufacturer of dairy and other food products implements formula cost and material planning model
Learn how Baker Tilly helped a middle market manufacturer of dairy and other food products implement a formula cost and material planning model.
Global meat processor undergoes IT assessment for future state recommendations
This company underwent an IT assessment to understand how to best align their IT function model and staffing to properly support their current and future business needs.
Crafting a customized outsourced accounting solution
Craft beverage companies benefit from utilizing cloud-based financial management software to optimize team and save time
Data analytics solution for a family-owned beverage distributor in the Midwest
A family-owned beverage distributor in the Midwest teamed up with Baker Tilly's food and beverage team to implement sales and profitability interactive dashboards.
Tip accounting basics and best practices benefit restaurants and staff
Staying up to date on tip reporting best practices and rules can help keep the process problem free and IRS compliant. Baker Tilly can assist with streamlining the process.
Sky Island Capital acquires Kaufhold’s Kurds
Learn how Baker Tilly Capital worked with Kaufhold’s Kurds’ second-generation owners to find the right partner to carry on the family’s vision for the growth of the business.
Comprehensive services
Artificial Intelligence
Create dynamic environments, elevate your employees and drive creativity with Baker Tilly’s artificial intelligence consulting services
Assurance
Baker Tilly pairs deep industry knowledge with service specialization to deliver high quality accounting and assurance services.
CFO Advisory Services
Baker Tilly provides critical advisory services and support to financial leaders, business owners and investors that meet the unique challenges, complexities and the ever changing environment the office of the CFO faces.
Cybersecurity
Proactively protect and address your cybersecurity and information technology (IT) risks.
Data Solutions
Capturing, understanding and leveraging the data that matters most and bringing it into focus is no trivial matter. Rely on our experience to drive your business forward.
Digital Solutions
Foster the future through a continuous culture of innovation.
Due Diligence
Whether it is for an acquisition, sale or refinancing, Baker Tilly provides due diligence services tailored to meet your specific needs.
Enterprise Solutions
A strong, integrated enterprise solution can help strengthen your company’s core processes, improve performance and help you achieve your business goals.
Employee Benefit Plan Audit
We help meet your employee benefit plan’s annual audit and filing requirements, and work to protect the plan’s integrity.
ESG & Sustainability
Leading in specialties including compliance, risk, controls, assurance, sustainability, decarbonization strategy development and technology consulting, we provide comprehensive environmental, social and governance (ESG) and sustainability advisory that spans solutions for any company, function or challenge.
Federal Tax
Baker Tilly offers specialized federal tax management services including compliance and planning expertise to help businesses optimize value while minimizing their tax burden.
Financial Services
The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.
Financial Statement Audit
Baker Tilly marries technology with the extensive experience to provide clients with an innovative financial statement audit service.
IPO Readiness
Helping organizations plan their path — whether it be through an initial public offering (IPO) or other path to going public — we help you navigate the risks and maximize the rewards in your journey.
Incentives Advisory
Every year, federal, state and city governments across the United States invest over $170 billion of incentive funding into private businesses. Taking advantage of available incentives programs can fill financing gaps and turn planned projects into a reality.
Inflation Reduction Act Tax Credit Solutions
The Inflation Reduction Act (IRA) includes the largest clean energy incentive effort in U.S. history. Find out how your organization can leverage IRA energy tax credits to save as much as 50% or more on qualifying project costs.
IT Audit Solutions
Leverage industry-specialized IT audit professionals to enhance and protect organizational value.
IT Sarbanes-Oxley (SOX) Compliance
Our information technology (IT) Sarbanes-Oxley (SOX) compliance specialists use their extensive knowledge of IT controls to address all requirements.
Manufacturing Accounting Solutions
Baker Tilly’s manufacturing accounting solutions are customized to fit your organizations needs and help you establish an industry-leading finance culture.
Mergers & Acquisitions
Middle market business owners, investors and corporations rely on our sell-side, buy-side and financing solutions to execute their growth strategy.
Real Estate Advisory Services
Baker Tilly’s real estate advisory services are designed to help leaders across various industries and communities with their ever-changing real estate and infrastructure needs.
Real Estate Valuation Services
Our accurate and reliable real estate valuation services paired with strategic advisory encompass the entire transaction lifecycle.
State & Local Tax
Our state and local tax services professionals offer specialized expertise to help businesses and individuals understand increasingly complex state and local tax rules.
System & Organization Controls (SOC) Reporting
Baker Tilly’s dedicated AICPA SOC specialists perform hundreds of SOC engagements each year and help clients with their SOC reporting needs across a wide variety of industries.
Tax
Contributing to clients’ success by accelerating tax deductions, increasing tax credits, reducing cash taxes and mitigating risks
Transactions
Baker Tilly works with clients on mergers, acquisitions, capital sourcing and markets, project finance, due diligence, valuation and transactions
Transaction Advisory Services
Baker Tilly’s transaction advisory services team provides straightforward advice to clients on every critical business decision before, during and after a transaction.
Valuations
Baker Tilly’s valuation professionals provide supportable, defensible and unbiased valuation opinions that can stand up to the highest levels of scrutiny.
Value-Added Tax
Stay compliant with the ever-changing VAT regulations
Our food and beverage leaders
Our food and beverage consultants bring deep expertise and hands-on experience to help businesses navigate challenges and seize new opportunities. With a pulse on industry trends, regulations and market shifts, our team delivers strategic guidance tailored to your unique needs.
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