This chemical is primarily used as a flavoring agent in the food and beverage industry due to its fruity and sweet aroma, reminiscent of pineapple or banana. It enhances the flavor profile of various products, including candies, baked goods, and soft drinks. In the fragrance industry, it is utilized as a component in perfumes and scented products to impart a pleasant, fruity note. Additionally, it serves as an intermediate in organic synthesis for the production of other chemical compounds. Its versatility and appealing sensory characteristics make it valuable in both industrial and consumer applications.