The Analytical methods for natural products focusses on recently developed techniques with well and sophisticated features of analytical instruments namely HPLC, UV ,Infra red and NMR spectroscopy and others etc., this analytical methods are applied for the evaluation and quality control of raw materials and also the end products from natural sources. These analytical techniques are of importance in the standardisation of plant-based and multi-component formulations.
The global market for botanical and plant-derived drugs was valued at $23.2 billion in 2013 and $24.4 billion in 2014. This entire market is assumed to reach $25.6 billion in 2015 and apprx. $35.4 billion in 2020 with a compound annual growth rate (CAGR) of 6.6% from 2015 to 2020.