Low‐cost and high activity bifunctional oxygen electrocatalysts are at the heart of developing advanced rechargeable Zn‐air batteries (ZABs), but the challenges are great. Herein, a highly efficient hybrid catalyst, consisting of S, N co‐doped nanoporous carbon (SNC) coupled with in‐situ growth layered double (Ni, Fe) hydroxide (LDH), was derived from the biomass peach gum by a series of treatments, including hydrothermal carbonization, alkali activation, S/N co‐doping and metal‐coprecipitation process. Benefiting from the coexistence of active sites for oxygen reduction reaction (ORR) and oxygen evolution reaction (OER), the hybrid (NiFe‐LDH/SNC) reveals excellent bifunctional electrocatalytic activity with a small ΔE of 794 mV. Furthermore, as the cathode bifunctional catalyst for ZAB, the battery with NiFe‐LDH/SNC displays a large open‐circuit voltage of 1.36 V, a high power density/specific capacity of 100 mW cm−2/816 mAh gZn−1, and superior cycling durability up to 500 h at a charge/recharge current density of 2 mA cm−2, indicating its great application potential in the rechargeable metal‐air batteries.