Hydrogen energy emerges as a vital renewable fuel amidst escalating greenhouse gas emissions, with its net-zero carbon emission distinguishing it as a key alternative. The chemical looping steam methane reforming (CL-SMR) process, specifically employing the NiFe2O4 bimetal oxide as the oxygen carrier, is highlighted for its potential to enhance low carbon hydrogen production. NiFe2O4 is shown to offer advantages over single metal oxides in terms of reactivity, cost-effectiveness, and toxicity. Studies investigate the redox behavior, phase segregation, and lattice oxygen migration mechanisms of NiFe2O4 in the chemical looping process, aiming to optimize hydrogen production efficiencies at lower temperatures. Various evaluations explore the impact of key process parameters on the reactivity of NiFe2O4 and the overall performance of the CL-SMR system. Experimental synthesis of Al2O3-supported NiFe2O4 oxygen carriers via the sol-gel method, coupled with thermodynamic analyses, provide insights into favorable conditions and reaction pathways for efficient hydrogen generation. The integration of theoretical assessments and experimental validations underscores the importance of refining the CL-SMR process for maximizing hydrogen purity and conversion rates. The study's findings underscore the potential of NiFe2O4 as a critical element in advancing low-carbon hydrogen production, urging further research towards optimized operational strategies and performance enhancements.