Primarily used in the flavor and fragrance industry, this compound is valued for its sweet, caramel-like aroma, making it a popular choice for enhancing food and beverage products. It is often incorporated into baked goods, confectioneries, and dairy products to impart a rich, toasted flavor. Additionally, it serves as a key ingredient in the formulation of certain perfumes and scented products, where it adds a warm, sweet note. Its stability and compatibility with other ingredients make it a versatile component in various formulations.