Used primarily as a fragrance ingredient in cosmetics and perfumes due to its pleasant, floral-woody aroma. It is valued in scent formulations for enhancing warmth and depth, often serving as a fixative to prolong the longevity of volatile components. Also employed in flavor compositions for its subtle fruity nuances, approved for use in certain food products at low concentrations. Additionally, it acts as an intermediate in organic synthesis for pharmaceuticals and specialty chemicals.