As a new resource food in China, acer truncatum seed oil is rich in oleic acid, linoleic acid and neuroic acid and other components, and their nutritional value and medicinal health care effects are prominent, which has been increasingly valued by the industry and consumers. In recent years, the new preparation and application development technology of Acer truncatum seed oil has been continuously presented. It has not only been developed for food, but also appeared successively in the flavoring of Acer truncatum seed oil, complex dairy products,tablet candy, etc. It has also been applied in the fields of daily chemical industry, medical care and so on. This paper reviewed the current research progress and the existing problems in the preparation, efficacy evaluation, industrial application and development, and putted forward some suggestions for these problems, which could promote the development and perfection of Acer truncatum seed oil industry.