Used as a flavoring agent in the food industry to impart a sweet, fruity, and balsamic aroma, enhancing the taste of various products. It is also utilized in the fragrance industry to create perfumes and scented products due to its pleasant and long-lasting odor. In cosmetics, it serves as a stabilizer and fragrance component in lotions, creams, and other personal care items. Additionally, it has been studied for its potential antioxidant and anti-inflammatory properties in pharmaceutical research.