Used primarily as an intermediate in organic synthesis, particularly in the pharmaceutical and agrochemical industries. It serves as a building block for the preparation of more complex esters and carboxylic acid derivatives. Commonly employed in alkylation reactions due to the reactive bromine atom, enabling the formation of carbon-carbon bonds. Also utilized in the synthesis of flavor and fragrance compounds, where its ester functionality contributes to fruity or sweet sensory notes. Its reactivity makes it suitable for use in research laboratories for developing active pharmaceutical ingredients (APIs) through nucleophilic substitution or Grignard-type reactions.