Analytical Methods for Natural Products
The Analytical methods 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 techniques are applied for the evaluation and quality control of raw materials and also the end products from natural sources. These techniques are of importance in the standardisation of plant-based and multi-component formulations.
The world 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.