Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its beta-keto ester structure facilitates functional group transformations, such as decarboxylation and alkylation, making it valuable in constructing complex molecules. Commonly employed in the development of active ingredients in crop protection products due to its reactivity and stability under various reaction conditions. Also utilized in the synthesis of fragrances and flavoring agents as a building block for ester-based aroma compounds. Its versatility in cross-coupling, condensation, and Claisen reactions enhances its role in medicinal chemistry research.