In this chapter, the various methods for crystal growth of magnetic materials are summarized and principles of choosing the appropriate growth method, which depends on phase diagram features of the alloy system, the required size, physical, and chemical perfection of single crystalline samples, are briefly discussed. The crystal growth of the following classes of materials is considered: soft magnetic pure metals and alloys, highly anisotropic compounds for high‐density magnetic recording media, rare earth–transition metal compounds for high‐performance permanent magnets, high‐magnetostrictive intermetallic compounds and ferromagnetic shape memory alloys for magnetomechanical applications, magnetocaloric materials, selected intermetallic compounds for spintronics, multiferroic materials, and some other less‐common magnetic compounds.