The first important stage of plant formulation preparation are extraction processes. Modern methods of extraction, highly effective and advanced, have played a crucial role in the progression of traditional herbal remedies. Significant strides in the development of modern techniques for extracting and analyzing medicinal plants will ensure the availability of top-tier herbal products to consumers globally. In the development of analytical techniques for identifying constituents in botanicals and herbal preparations, various extraction methods are used for sample preparation. In this thesis, the principles of operation, influencing factors, research advancements, and strengths and weaknesses of different extraction approaches are discussed. Natural medicines have long relied on methods that save solvents and energy, especially for thermolabile phytocompounds. For centuries, natural products have been the sole means of preventing and curing human diseases. They serve as an essential source of drugs. The quantities of bioactive natural products in natural medicines are typically quite low. Today, methods for extracting and isolating bioactive natural products are crucial and highly preferred. The paper provides an overview of techniques used in the past for extracting and isolating natural products. In this paper, the techniques used in research on natural products, both conventional and modern, are compared with their advantages, disadvantages, and practical examples presented.