Used as an emulsifier and stabilizer in food products, particularly in baked goods, to improve texture and shelf life. It enhances dough strength, volume, and crumb structure in bread and other bakery items. In cosmetics and personal care products, it acts as a surfactant and emulsifier, helping to blend oil and water-based ingredients in creams, lotions, and cleansers. It also provides a smooth, creamy texture and improves product spreadability. Additionally, it is utilized in pharmaceuticals as an excipient to aid in the formulation of tablets and capsules.