Methyl 2-hydroxy-2-phenylpropanoate is primarily used as an intermediate in the synthesis of various pharmaceuticals and fine chemicals. It plays a role in the production of active pharmaceutical ingredients (APIs), particularly in the development of anti-inflammatory and analgesic drugs. Additionally, it is utilized in organic synthesis to create complex molecules for research and industrial applications. Its structure makes it valuable in the preparation of chiral compounds, which are essential in the production of enantiomerically pure substances. The compound is also explored in the development of agrochemicals, contributing to the formulation of pesticides and herbicides. Its versatility in chemical reactions makes it a useful building block in both academic and industrial laboratories.