A recent development in the manufacturing of carbon nanotubes is the usage of renewable feedstocks as a carbon source. This new development is receiving much support and is a source of excitement among the global research communities due to the positive environmental impacts, reduced carbon footprints, and economic benefits. Various types of renewable feedstocks such as vegetable oils, plant derivatives, and other types of biomasses have been used for the green synthesis of carbon nanotubes by employing conventional fabrication techniques. As the global demand increases for green manufacturing, efforts to synthesize carbon nanotubes from renewable resources are receiving immense attention while also strengthening the concept of biorefinery. This also enables the efficient use of resources as well as improved waste management. The present review summarizes the recent developments and current status of the synthesis of carbon nanotubes using renewable feedstocks along with technical discussions, opportunities for novel precursors, and future directions.