Peru extract is widely used in the fragrance and flavor industry due to its rich, balsamic, and sweet aroma with vanilla-like and coumarin notes. It serves as a natural additive in perfumes, soaps, lotions, and cosmetics, enhancing the scent profile and acting as a fixative to prolong fragrance longevity. In flavoring applications, it is found in food products, alcoholic beverages, and tobacco to impart a warm, spicy, and slightly sweet taste. Due to its allergenic potential, its use is regulated in consumer products, and proper labeling is required in many regions. It is also used in traditional medicine and aromatherapy for its soothing properties, though clinical evidence is limited.