The article contains sections titled: 1. Introduction 2. History of Liquid Foam 3. Fundamentals of Liquid Foam 3.1. Foam Generation 3.1.1. Bubble Detaching from a Capillary 3.1.2. Rising Bubble in Liquid 3.1.3. Collision with Surface 3.2. Foam Structure 3.3. Foam Properties and Stability 3.3.1. Foam Drainage 3.3.2. Gas Diffusion in Foam 3.3.3. Bubble Coalescence 3.4. Foam Rheology 3.5. Foams in Microgravity 4. Foam Stabilizers 4.1 4.1. Surfactants 4.2 4.2. Proteins 4.3. Nanoparticles 5. Antifoamers and Defoamers 6. Applications in Industry 6.1. Liquid Foams 6.1.1. Foams in Separation Processes 6.1.2. Foams in Detergency, Pharmacy, and Cosmetics 6.1.3. Foams in Food 6.1.4. Foams in Firefighting 6.2. Solid Foams 6.2.1. Polymeric Foams 6.2.2. Metallic Foams 6.2.3. Ceramic Foam