Ferrites have gained a lot of attention because of their diverse uses in domains including photocatalytic degradations, gas sensors, electronic devices, organic transformation catalysts, adsorption, and so on. This review focuses on cadmium ferrites and their numerous doped versions' production methodologies, characterization, and applications. The structural, electric, magnetic, and dielectric properties of cadmium ferrites are primarily influenced by the synthesis procedures and circumstances used during preparation. As a result, the main goal of this study was to provide the most often used synthesis processes, such as hydrothermal, co-precipitation, solvothermal, microwave-assisted, micro-emulsion, and solid state, as well as their benefits and drawbacks. Furthermore, the review focuses on the numerous characterization approaches used to investigate features such as optical, structural, magnetic, electric, and dielectric properties of cadmium ferrites. This analysis was further expanded to include applications in some of the most well-studied domains, such as photocatalysis and gas sensing.