Enzymes are essential tools with a wide range of uses in the biotechnology sector. Lipases are widely distributed enzymes that have significant physiological importance and economic potential. At the oil-water interface, they catalyze the hydrolysis of triacylglycerols to liberate free fatty acids and glycerol. Lipases, in contrast to esterases, do not hydrolyze dissolved substrates in the main fluid; instead, they are activated only when adsorbed to an oil–water interface. It has been reported that microbes, plants, and animals all have lipases. The yield of lipases from plants are relatively low; sometimes it could be cheaper than other sources as it does not require fermentation techniques and unique in substrate specificity/ selectivity.