Lycium Barbarum (wolfberry, goji berry, gouqizi, 枸杞) is a Chinese herbal drug located in Asia and South east Europe. The fruits of Lycium Barbarum are 1 to 2 cm long and are bright orange red in color. The speedy increase in the occurrence diseases has led to more research which contributes in the prevention and treatment. Goji berries contain many nutrients and bioactive compounds which allowed classifying them as superfruits. A short description of the fruits is presented together with cultivation requirements. The chemical composition of the berries and their health-promoting properties are described later in this literature review. There are potentially, very beneficial in dietary prevention of diseases, and affluence, such as diabetes, cardiovascular diseases and cancer. Lycium Barbarum is beneficial in all aspects including hepatoprotective, anti-cancer, anti-tumor, anti-aging, immunological, neuroprotection, and ant fatigue, control of glucose, anti-tumor and anti-oxidant properties. Lycium Barbarum juice is beneficial in many aspects including cardiovascular effects, blood pressure and pulse rate, neurological and psychological effects and musculoskeletal complaints. Goji ingredients that is potentially beneficial, and harmful for the human health, show allergic reactions and the interactions with other substances. High dietary fat intake has been shown to be associated with the development of obesity, diabetes, hypertension, cardiovascular disease and other physically degenerative disease.