Used in the synthesis of flavor and fragrance compounds, particularly in creating raspberry and strawberry flavorants due to its aromatic, sweet, and floral characteristics. It serves as an intermediate in the production of pharmaceuticals and agrochemicals, where its aldehyde functional group allows for easy modification into more complex molecules. Also employed in perfumery for its pleasant, balsamic, and slightly fruity odor, contributing to floral and woody accords. Its methoxy and methoxymethyl groups enhance stability and influence volatility, making it valuable in fine chemical formulations requiring controlled release and persistence.