Used as a key intermediate in organic synthesis, particularly in the pharmaceutical and fragrance industries. Its functional groups allow for selective transformations, making it valuable in constructing complex molecules. Commonly employed in the preparation of ester-based aroma compounds due to its stability and reactivity profile. Also utilized in the synthesis of protected gamma-keto esters, which are building blocks for heterocycles and bioactive compounds. Its acetal functionality offers protection against acidic conditions, enabling multi-step synthetic routes in drug development.