Supercapacitors (SCs) have attracted significant attention in the realm of energy storage devices due to their exceptional features, such as enhanced charge storage capacity, fast charge‐discharge rates, and high power density. The emergence of cost‐effective and highly productive SCs is a topic of interest among industrial and scientific communities. Ferrites with a perovskite crystal structure are often considered excellent electrode materials due to their intrinsic properties, affordability, low environmental impact, and widespread availability. An in‐depth investigation of perovskite ferrites in the context of SCs is necessary to advance the understanding of these materials. The techniques used in the synthesis of ABO3‐type perovskite bismuth ferrite materials are comprehensively reviewed in this review. The review starts by analyzing various types of SCs classified based on their electrode materials. The review provides a comprehensive understanding of the design and functionality of these devices, serving as an important source of inspiration for new methods of synthesis and fabrication methodologies that aim to produce environmentally friendly SCs.