Hippocrates’ timeless directive, “Let food be thy medicine and medicine be thy food,” remains a cornerstone in contemporary discussions of health and wellness. This review explores the intersection of herbal plants and nutraceuticals, emphasizing their collective potential in promoting holistic well-being. Nutraceuticals, defined as products used for both medicinal and nutritional purposes, encompass a wide range of sources, including plants, animals, and microbes. This paper delves into the dual nature of nutraceuticals, which possess both nutritional and medicinal value, challenging the conventional pharmaceutical landscape. The benefits of nutraceuticals are diverse, addressing physiological and psychological health. From enhancing overall health and boosting energy to relieving anxiety and preventing chronic diseases, nutraceuticals play a pivotal role in promoting longevity and supporting bodily functions. Recent studies have unveiled promising outcomes for herbal nutraceuticals in managing disorders related to oxidative stress, spanning allergies, Alzheimer’s, cardiovascular disorders, cancer, diabetes, inflammatory diseases, Parkinson’s disease, and obesity.