Myristicin is primarily found in nutmeg and other spices like parsley and dill. It is commonly used as a flavoring agent in the food industry, adding a distinct aroma and taste to various culinary dishes. In traditional medicine, it has been utilized for its potential therapeutic properties, such as alleviating digestive issues and acting as a natural sedative. Additionally, myristicin has been studied for its psychoactive effects, though its use in this context is limited due to safety concerns. It also serves as a precursor in the synthesis of certain pharmaceuticals and chemicals in research and industrial applications.