Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its keto-ester functionality allows for versatile chemical transformations, such as reduction, alkylation, and condensation reactions, enabling the construction of complex molecules. Commonly employed in the synthesis of bioactive compounds, including anti-inflammatory agents and enzyme inhibitors. Also finds use in fragrance formulations due to its ability to contribute fruity or creamy notes in perfumery applications.