Used as a flavoring agent in food products due to its smoky, phenolic aroma. Commonly found in smoked meats, sauces, and seasonings to enhance flavor. Also utilized in the fragrance industry for imparting smoky and woody notes in perfumes and scented products. Acts as an intermediate in the synthesis of other organic compounds, including pharmaceuticals and agrochemicals. Exhibits antioxidant properties, making it useful in certain preservative applications.