Used in the synthesis of pharmaceuticals, particularly as an intermediate in the production of nicotinic acid derivatives and other pyridine-based drugs. It serves as a building block in the development of compounds with potential neurological and cardiovascular activity. Also applied in the flavor and fragrance industry due to its aromatic characteristics, contributing to nutty, roasted, and savory notes in food flavorings and perfumery. Its reactivity makes it valuable in organic synthesis for creating more complex heterocyclic systems.