Used in the production of flavoring agents and fragrances due to its pleasant, fruity odor. It is commonly incorporated into food products, beverages, and perfumes to enhance aroma and taste. Additionally, it serves as a chiral building block in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of active pharmaceutical ingredients (APIs) with specific stereochemistry. Its application extends to the manufacturing of esters, which are utilized as solvents or plasticizers in various industrial processes.