Lily belongs to the genus Lilium of the family Liliaceae. Starch is the main component of lily bulbs which accounts for 53–69% of their dry weight. Lily starch (LS) has B‐type X‐ray diffraction characterized by a peak at 5.6o, 17o, 22o, and 24o. The swelling and solubility of the LS were significantly higher than rice and corn starches. The gelatinization temperatures of the LS were much lower than maize but higher than wheat and potato starches. The pasting temperature, peak, breakdown, and setback viscosities of lily starches fall within the range; 66.1‐72.7 °C, 1409–3940cP, 88–1206cP, and 445–1952cP, respectively. The range for initial temperature, gelatinization temperature range, and enthalpy for lily starches was also 56.5‐64.0 °C, 3.8‐10.3 °C, and 3.9‐13.9J/g, respectively. This review focuses on the recent advances in our understanding of the composition, structure, and properties of lily starches. Furthermore, the limited modification associated with lily starches was also discussed. There is a bold attempt to compare the properties of lily starch with that of the commercial starches of corn and potato.This article is protected by copyright. All rights reserved