Neera is fresh sap obtained from mature inflorescence of palm tree and it is full of essential nutrients. Neera has innate natural fermentation tendency that is why it should be consumed fresh for maximum benefits. It has low glycemic index which makes this drink healthy option for diabetic patient. It helps in scavenging free radicals from body which leads to delaying in aging. The purpose of this study was to examine nutritional content, medicinal utilization, functional properties and various applications of neera. It contains 17 amino acids which are the building blocks of protein and immune system. Neera’s by product also very nutritious like palm syrup, palm jaggery, chocolates, candies, sweets, and vinegar. Along with their sweet taste these products are diabetic friendly. It is low in calories and has low pH. It helps in maintaining blood sugar. Apart of being sweet and nutritious it has low calorific value which helps in weight loss. If neera is commercialised in proper way it could be a best substitute in comparison with aerated drink. It is full of vitamins, minerals, amino acids. Its shelf life can be increased by filtration, pasteurization and by addition of preservatives.