Used as a fragrance ingredient in perfumery and cosmetic formulations due to its pleasant, fruity, and slightly floral odor. It serves as a flavoring agent in the food industry, contributing fruity notes to artificial flavor blends. Also employed as an intermediate in organic synthesis for the preparation of ester-based compounds and pharmaceuticals. Its stability and solubility characteristics make it suitable for use in solvent systems and as a plasticizer additive in certain polymer applications.