Food & Beverage

Carter Morse & Goodrich (CMG) is a leading advisor to families and founders of privately held, consumer products companies. CMG has an extensive track record driving premium outcomes for its clients’ in both mergers and acquisitions advisory and capital-raising services.

The Food market is projected to reach $245 billion in 2025, with an expected annual growth rate of 12.2% (CAGR 2025-2029), potentially reaching $389 billion by 2029. The Beverage market’s growth is also projected to be substantial, with revenue expected to reach $131.5 billion in 2025, growing at a rate of 9.2%, and reaching $187.2 by 2029, according to Statista.

The Food and Beverage sector is undergoing significant change, driven by consumer demand for healthier and more sustainable options. As a result, the food and beverage value chain has grown more fragmented and complex as manufacturers and distributors navigate an explosion in SKU’s, new packaging formats and expanded retail channels. Such an immense category requires seasoned investment bankers with in-depth food and beverage sector knowledge, that can unlock a company’s strategic value and best position our client for their “once in a lifetime” transaction.

CMG is uniquely positioned to deliver exceptional results for our Food & Beverage clients in M&A or capital raise transactions, with a specialized focus on:

Food & Beverage Value Chain

  • Ingredients
  • Growers & Processors
  • Manufacturers
  • Brands & Private label
  • Importers & Distributors
  • E-Com/Direct-to-Consumer Platforms
  • Retailers

For more information on CMG’s Food and Beverage coverage, please contact Ross Colbert, Managing Director.

Download our Consumer Products Sector Quarterly Update Q4 2025

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