Persistent contaminants in wastewater effluent pose a significant threat to aquatic life and are one of the most significant environmental concerns of our time. Although there are a variety of traditional methods available in wastewater treatment, including adsorption, coagulation, flocculation, ion exchange, membrane filtration, co-precipitation and solvent extraction, none of these have been found to be significantly cost-effective in removing toxic pollutants from the water environment. The upfront costs of these treatment methods are extremely high, and they require the use of harmful synthetic chemicals. For this reason, the development of new technologies for the treatment and recycling of wastewater is an absolute necessity. Our way of life can be made more sustainable by the synthesis of adsorbents based on biomass, making the process less harmful to the environment. Biopolymers offer a sustainable alternative to synthetic polymers, which are manufactured by joining monomer units through covalent bonding. This review presents a detailed classification of biopolymers such as pectin, alginate, chitosan, lignin, cellulose, chitin, carrageen, certain proteins, and other microbial biomass compounds and composites, with a focus on their sources, methods of synthesis, and prospective applications in wastewater treatment. A concise summary of the extensive body of knowledge on the fate of biopolymers after adsorption is also provided. Finally, consideration is given to open questions about future developments leading to environmentally friendly and economically beneficial applications of biopolymers.