Green nanotechnology represents a burgeoning field that holds immense promise in the realm of nutraceuticals and pharmaceuticals. This comprehensive review explores the multifaceted applications of green nanotechnology, offering an extensive analysis of its potential and current achievements in these vital sectors. The utilization of plant extracts and natural compounds as reducing and stabilizing agents for nanoparticles is a key focus of this review. The discussion encompasses various synthesis techniques, shedding light on the innovative developments and methods that researchers employ to harness the full potential of green nanotechnology. The array of applications covered in this review spans applications in drug delivery systems and nanomedicine to imaging and diagnostics and environmental applications. We underscore the significance of maintaining nanoparticle stability and bioavailability throughout their journey within the body, addressing critical issues related to nanotoxicology, in vivo testing, and formulation development. Furthermore, this review emphasizes the pivotal role of green nanotechnology in nutraceuticals and pharmaceuticals by elucidating its contributions to enhanced drug efficacy, reduced side effects, and improved patient outcomes. In conclusion, the blend of green nanotechnology with nutraceuticals and pharmaceuticals offers a remarkable opportunity to revolutionize the healthcare landscape. By harnessing the potential of plant-derived nanoparticles and innovative synthesis methods, researchers and industries alike are poised to unlock new frontiers in drug delivery, diagnostics, and patient care.