Used in the formulation of liposomes and lipid-based drug delivery systems, it enhances the stability and efficacy of encapsulated drugs. It plays a critical role in mimicking cell membrane structures, making it valuable in biomedical research for studying membrane interactions and cellular processes. Additionally, it is utilized in the development of nutraceuticals and functional foods to improve bioavailability of active ingredients. Its application extends to cosmetic products, where it acts as a skin-conditioning agent, promoting hydration and barrier repair. In biochemical assays, it serves as a substrate or intermediate for synthesizing phospholipids, aiding in the study of metabolic pathways.