Used primarily as a chemical intermediate in organic synthesis, this compound plays a key role in the production of fragrance ingredients. It is notably involved in the synthesis of certain musk compounds used in perfumery, contributing to the development of long-lasting, stable scent profiles in cosmetics and consumer products. Its strained cyclopropane ring enhances reactivity, making it valuable in constructing complex molecules for flavor and fragrance applications. Additionally, derivatives of this acid may appear in agrochemicals and pharmaceuticals during research and development stages.