Used in the synthesis of flavor and fragrance compounds, particularly in creating raspberry and strawberry aroma chemicals due to its sweet, floral, and fruity characteristics. It serves as an intermediate in the production of pharmaceuticals and agrochemicals, where its aldehyde functionality allows for easy modification into more complex molecules. Also employed in the development of photoactive materials and dyes, benefiting from its electron-rich aromatic structure. Its stability and reactivity make it valuable in organic synthesis for building blocks in fine chemicals.