Octyl formate is widely used in the flavor and fragrance industry due to its pleasant fruity and floral aroma. It is commonly incorporated into perfumes, cosmetics, and personal care products to enhance their scent profiles. Additionally, it serves as a flavoring agent in food products, imparting a fruity note to items such as candies, beverages, and baked goods. Its compatibility with various formulations makes it a versatile ingredient in both industrial and consumer applications.