Regarding diagnosis, treatment, monitoring, and prognosis, nanomedicine will play a critical role in customized medicine in the future. Nanomedicine allows for better targeting, more accurate disease mapping, and fewer side effects by delivering drugs straight to the sick cells. The advantageous alterations that nanotechnology makes to the physiochemical, mechanical, magnetic, electrical, and optical properties of computing materials enable the development of new and innovative products. Food security, processing, coloring, nutritional absorption, flavor, nutrition, delivery, disease detection, food functioning, environmental protection, and cost-effective storage and distribution are a few of the important links between nanotechnology and food systems. Nanomaterials are used in biofuel production, wastewater treatment, biosensor pollution removal tools, photocatalysts, biomedical imaging and cancer treatments, and wearable chemical and environmental sensors, as shown by a number of academic publications. A few of the main challenges facing the application of nanotechnology are scalability, increased production rates, managing unwanted byproducts, repeatability and quality control of nanomaterials, and enhanced manufacturing rates.