Dwindling supplies of fossil fuels and their deleterious impacts on human health and the global environment have intensified the search for substitute energy sources. Biodiesel has been identified as a promising renewable energy substitute for diesel fuel due to several comparable and sustainable properties. However, approximately 95% of biodiesel is derived from edible oil crops, threatening the current food supplies. Therefore, the biodiesel production potential from inexpensive, non-edible, and non-conventional bioenergy crops, such as Jatropha (Jatropha curcas L.), has attracted the attention of many researchers, policymakers, and industries globally. Jatropha is considered to be the second-generation biofuel feedstocks for biodiesel production. However, sustainable biodiesel generation from J. curcas oil has not yet been attained, owing to different socio-economic, ecological, and technical factors. This study aimed to synthesize the information from the existing literature on the present status and to identify the knowledge gaps for future research on Jatropha by providing comprehensive information regarding its origin and distribution, morphology, phenology, and reproduction, genetic diversity, its productivity, oil content, and fatty acid composition, the methodology used for extracting biodiesel, and agronomic, economic, and environmental aspects of biodiesel production. The germplasm screening of J. curcas and the exploration of its adaptability and agronomic potential across diverse climates are highly desired to promote this crop as an alternative biofuel crop, particularly in arid and semi-arid regions. Moreover, future research should focus on developing, optimizing, and modernizing the technologies involving seed collection, the processing of seeds, oil extraction, and the production of biodiesel.