Used in skincare formulations for its moisturizing and exfoliating properties. Helps improve skin texture and tone by promoting gentle cell turnover. Found in products targeting aging, dryness, and uneven complexion. Also serves as a chelating agent in cosmetics, stabilizing formulations by binding metal ions. Water-soluble and compatible with a wide range of active ingredients, making it suitable for sensitive and reactive skin types.

In biological applications, this compound acts as a precursor in the synthesis of certain biomolecules and holds potential for use in biochemical research, particularly in studying sugar metabolism pathways.

Research is ongoing regarding its use in medical systems, such as developing it as an aid in targeted drug delivery, leveraging its water solubility and non-toxicity to cells.