Used as a flavoring agent in food industry due to its fruity and sweet aroma. Commonly found in baked goods, beverages, and confectionery to enhance flavor. Also serves as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its reactivity allows it to participate in esterification and transesterification reactions, making it useful in the development of biodegradable polymers and solvents. Additionally, it has been explored in research for its potential as a bio-based platform chemical derived from renewable biomass sources.