Used as a fragrance ingredient in cosmetics, soaps, and perfumes due to its pleasant floral and balsamic odor. It helps enhance and stabilize scent profiles, providing long-lasting aroma in consumer products. Also functions as a flavoring agent in food and beverages at approved concentrations, contributing sweet, fruity notes. Its ester structure makes it suitable for use in essential oil formulations and as a masking agent for unpleasant odors in pharmaceuticals and household products.