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<i>Amaranthus</i> is a C4 plant tolerant to drought, and plant diseases and a suitable option for climate change. This plant could form part of every region’s cultural heritage and can be transferred to the next generation. Moreover, <i>Amaranthus</i> is a multipurpose plant that has been identified as a traditional edible vegetable endowed with nutritional value, besides its fodder, medicinal, nutraceutical, industrial, and ornamental potentials. In recent decade Amaranthus has received increased research interest. Despite its endowment, there is a dearth of awareness of its numerous potential benefits hence, it is being underutilized. Suitable cultivation systems, innovative processing, and value-adding techniques to promote its utilization are scarce. However, a food-based approach has been suggested as a sustainable measure that tackles food-related problem, especially in harsh weather. Thus, in this review, a literature search for updated progress and potential uses of <i>Amaranthus</i> from online databases of peer-reviewed articles and books was conducted. In addition, the nomenclature, nutritional, and nutraceutical value, was reviewed. The species of focus highlighted in the review include, <i>A. blitum</i>, <i>A. caudatus</i>, <i>A. cruentus</i>, <i>A. dubius</i>, <i>A. hypochondriacus</i>, <i>A. spinosus</i>, <i>A. thunbergii</i>, <i>A. tricolor</i>, and <i>A. viridis</i>.