Medicinal plants are a good source for preparation of new drugs. Aloe vera [L.] is one of the valuable medicinal plants native to hot and dry zones and is usually planted outdoors in hot areas. Currently, various products obtained from this plant are produced in the food, pharmaceutical and cosmetics industries all over the world. Various products from this plant including beverages and cosmetic products are available. Consideration of this species and development of its processing industries in these regions can be an important step in job creation and proper use of poor agricultural lands. In this paper we aim to present the updates on Aloe vera plant, focusing on, botany, the phytomedicinal compounds, structural properties of the leaves.