This compound is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex molecules. Its structure, featuring both a benzoic acid group and a dihydroisoxazole ring, makes it valuable for constructing pharmacologically active compounds, particularly in the design of drugs targeting inflammation and neurological disorders. Additionally, it serves as a building block in the synthesis of agrochemicals, contributing to the creation of herbicides and pesticides. Its reactivity and functional groups allow for versatile modifications, enabling researchers to explore its potential in various chemical and biological applications.