This compound is primarily utilized in organic synthesis as a versatile intermediate. It plays a crucial role in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target specific biological pathways. Its structure, featuring both a cyclopropyl group and a benzoate ester, makes it valuable for constructing complex molecules with potential therapeutic properties. Additionally, it is employed in agrochemical research to create novel compounds for crop protection and pest control. Its ester functionality also allows it to act as a precursor in the production of fragrances and flavoring agents, contributing to the formulation of specific aromatic profiles.