Lard has long been deemed superior to vegetable oils for culinary purposes due to its exceptional properties such as wide plastic range and special flavor values. Nevertheless, its usage over the years has seen a marked decrease due to awareness of its negative nutritional values such as high calorific content (see below) and saturated fatty acids. This paper looks into the possibilities of producing healthier lard-based fats through "green" biocatalysis methods with particular attention given to the technical challenges of the process and their possible solutions. Alterations in physicochemical properties and application practicability of the modified lard-based fats are also carefully elucidated.