Used primarily in the fragrance and flavor industry, this compound contributes to the creation of complex scents and tastes. It is often incorporated into perfumes and colognes to add a fresh, floral, or slightly fruity note. In food flavoring, it enhances the aroma of various products, providing a subtle sweetness or richness. Additionally, it serves as an intermediate in organic synthesis, aiding in the production of more complex chemical compounds. Its stability and pleasant odor make it a valuable component in cosmetic formulations as well.