Additive Manufacturing (AM) is a tool less manufacturing process for building complex components layer by layer. Powder based AM techniques are used for producing porous and dense parts or products by Powder Bed Fusion (PBF) and powder blown Beam Deposition (BD) processes respectively suitable for different applications. The present review is mainly focused on the commercially available technology of powder blown Beam Deposition (BD) process for producing fully dense parts, and functionally graded materials used in automotive, aerospace, defense, and nuclear reactors. The properties of BD parts and comparison of the properties of BD parts with Selective Laser Melting (SLM), casting, and Acram's Electron Beam Melting (EBM) parts are presented. This paper provides an insight into the microstructural characteristics and mechanical properties of parts produced by BD process. A brief discussion is presented on challenging issues and applications of BD process. An attempt is made to present available and under development AM testing standards used to evaluate the properties of AM parts. This review also focused on porous parts produced by BD process for medical applications, and metal foil based BD process. Here, new developments in AM process like hybrid manufacturing and 4D printing are also discussed