The extraction of bioactive components from natural sources has gained significant attention in recent years due to increasing demand for natural and functional constituents in various industries, including pharmaceuticals, food, and cosmetics. This review paper aims to provide a comprehensive overview of the studies on extracting bioactive components from natural sources using different advanced extraction techniques. It highlights the need for efficient extraction methods to preserve these components' integrity and bioactivity. Various extraction techniques as supercritical-fluid extraction, microwave-assisted extraction, ultrasound-assisted extraction, subcritical solvent extraction, and solid-phase microextraction are explored in detail, highlighting their principles, advantages, and limitations. The review further examines the impact of different factors on the extraction process, including solvent selection, extraction time, temperature, ultrasonication-amplitude, etc. Additionally, emerging techniques, such as green extraction methods and nanotechnology-based approaches, are discussed, emphasizing their potential to enhance the extraction efficiency and sustainability of the process. Furthermore, the review presents case studies and experimental results from recent research articles, providing insights into applying different extraction techniques for specific bioactive components, such as phenolics, flavonoids, alkaloids, and essential oils. It discusses the extraction yield, bioactivity, and potential utilization of the extracted components in various industries. Overall, this review paper is valuable for researchers, scientists, and industry professionals interested in extracting bioactive components from natural sources. It consolidates the current knowledge on different advanced extraction techniques, their optimization parameters, and their potential applications, facilitating further advancements in the field and the development of innovative extraction methods for bioactive component extraction from natural sources.