Embodiments of the present invention provide a buffer manager and a buffer management method based on an address pointer linked list. In the embodiments, address pointers of all buffer blocks in a buffer are divided into several groups, lower bits of address pointers in each group are used to record a linked list between the address pointers in the same group, and an address pointer which is pointed by one predetermined address pointer of each group and is in a different group is further recorded to upbuild a linked list between the groups. Thereby, an address linked list can still be stored without a RAM with a width equal to a pointer depth and with a depth equal to the total number of buffer blocks in the buffer as required by the conventional art, which greatly reduces hardware resources required.