Taro is an important root vegetable and has several medicinal and therapeutic properties. The two major therapeutic ingredients are flavonoids and triterpenoids, which are of prime importance. Additionally, the plant has antibacterial, antiparasitic, antiallergic, and anti-inflammatory properties. People often use it to treat a number of diseases by prescribing them as medications. Researchers from the pharmaceutical industry can thrive on C. esculenta by using whole-plant extracts. The identification of valuable terpenoids and therapeutics and their preparations are profusely dealt with in this article. Also, the new structural details of connective tissue are also studied as it helps researchers to investigate further uses of taro for humans, it is well known that xanthan can be obtained commercially as stabilizers, thickeners, binders, and more. It is essential to explore this plant for both medicinal and pharmaceutical properties.