Natural melanin is a ubiquitous material that plays critical biofunctional roles in different living organisms. Scientists have dedicated significant efforts to elucidate the biofunctional roles of melanin since its discovery. It has been confirmed that natural melanin possesses a number of intriguing properties such as broadband light absorption, free-radical scavenging ability, redox activity, metal ion chelating, and electronic-ionic conductivity, enabling it to be a versatile functional material in various applications. Natural eumelanin has been the most investigated type of melanin in the past few decades and is discussed in this Review. Here we have comprehensively discussed the latest advances and associated mechanisms in emerging applications of natural eumelanin in different fields such as functional polymers, energy storage, energy conversion, photocatalysis, photothermal therapy, and wastewater treatment considering its bioinspired properties. Important applications developed based on polydopamine, which is a "eumelanin-like" material, will also be presented to give guidelines to further develop natural-melanin-based applications. Authors' perspectives on the challenges and potentials of developing natural-eumelanin-based applications will also be included. This Review provides a clear picture of the natural-eumelanin-based applications and, in turn, accelerates the expansion of the relevant emerging fields.