This compound is primarily utilized in the fragrance and flavor industry due to its unique aromatic properties. It serves as a key ingredient in the synthesis of perfumes, imparting a warm, spicy, and slightly sweet scent. Additionally, it is used in the formulation of flavoring agents for food products, enhancing taste profiles with its distinctive character. Its application extends to the production of specialty chemicals, where it acts as an intermediate in the synthesis of more complex organic compounds.