Extraction of active chemical compounds from natural products is one of the most important research areas for pharmaceutical and chemical industries. Traditional techniques used for the solvent extraction of natural products are associated with longer extraction times and lower yields, use of large amount of organic solvents and poor extraction efficiency. Ultrasound can be effectively used to improve the extraction rate by increasing the mass transfer rates and possible rupture of cell wall due to formation of microcavities leading to higher product yields with reduced processing time and solvent consumption. The present work presents an exhaustive overview of different aspects of ultrasound assisted extraction (UAE) of various natural products. Mechanism of UAE has been discussed and recommendations for optimum operating conditions have been reported for maximizing the yield. An overview of different applications of UAE has been also presented. Possible intensification of UAE by coupling with traditional solvent and supercritical extraction processes has also been discussed. Overall it appears that ultrasonic irradiations can be effectively used for intensification of the extraction of important constituents from natural products. (C) 2012 Elsevier B.V. All rights reserved.