Used in the fragrance and flavor industry, this compound contributes a fruity, floral note to perfumes and scented products. It serves as a synthetic intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its ester functionality allows it to participate in various transformation reactions, making it valuable in research and development of active ingredients. Additionally, it may be employed as a solvent or plasticizer in specialized formulations where mild odor and stability are required.