The majority of losses in horticultural produce occur during postharvest storage, particularly due to poor handling. Most fruit, especially climacteric fruit, have a short postharvest life due to an increase in ethylene synthesis which signals ripening and, subsequently, senescence. Traditional practices for preserving the postharvest quality of horticultural crops are chemical-based, a practice which has lately received enormous criticism. Recently, the use of postharvest illumination with LEDs as a nonchemical and environmentally friendly technique to preserve fruit and vegetables has been reported by various authors. Unique properties of LEDs such as low radiant heat, monochromatic nature and low cost have made this lighting gain popularity in the food industry. This paper, therefore, reviews the recent development in the postharvest applications of LEDs in horticultural crops, while focusing particularly on physical characteristics, nutritional value, and overall quality alterations of fruit and vegetables. According to the recently published research, red and blue LED lights are most valuable in terms of usage, while other wavelengths such as purple and yellow are slowly gaining attention. Furthermore, LEDs have been shown to affect fruit ripening and senescence, enhance bioactive compounds and antioxidants in produce, and prevent disease occurrence; however, there are some limitations associated with the use of this novel technology.