Ammonia is an efficient and clean hydrogen carrier that promises to tackle the increasing energy and environmental problems. However, more than 90% of ammonia is produced by the Haber–Bosch process, and its enormous energy consumption and CO2 emissions require the development of novel alternatives. Chemical looping technology can decouple the one‐step ammonia synthesis reaction into separated nitridation and hydrogenation processes at atmospheric pressure, thereby achieving the mild ammonia synthesis based on renewable energy. The strategy of stepwise reactions circumvents the problem of competing adsorption of N2 and H2/H2O at the active sites and provides additive freedom for optimal regulation of sub‐reactions. This review introduces the concept and mechanism of chemical looping ammonia production (CLAP), and comprehensively summarizes the state‐of‐art research from the perspective of reaction pathways and nitrogen carriers. The challenges faced by CLAP and strategies to address them in terms of nitrogen carriers, methods, equipment, and technological processes are also proposed.