Food is required for both humans and animals, however during the covid-19 era, many small and medium-sized food enterprises are struggling to produce and transport food, and others are on the verge of closing down. Now is the moment to build a future strategy and action plan for the small and medium-sized food industry to mitigate the economic effects of the COVID-19 outbreak. This study’s objective is to identify probable tactics, policies, and action plans and evaluate their efficacy and acceptability. This study also explores and quantifies the post-COVID effects of Covid-19 on Bangladesh’s Small and Medium-Scale Food Industries. Using a non-probability sample technique, three types of self-administered questionnaires were utilized to gather data from the owner, factory in-charge, manager, and CEO of the Food and Beverage Manufacturing sector. Using SPSS software V.25, descriptive analysis was performed to display frequencies, %ages, and mean scores, while one-sample t-test was utilized to compare the value (mean) of the viewpoints (strategies & action plans) with the supplied value (test value). Results indicate that the probable strategies and action plans (14 strategies) that need to be implemented by the government is high and acceptable and that the effectiveness of other probable strategies and action plans (5 strategies) that need to be implemented by food and beverage manufacturers may also acceptable and could apply to the post-covid situation.