This compound is primarily utilized in the synthesis of fine chemicals and pharmaceuticals, where it serves as a key intermediate. Its hydroxyl and carboxyl functional groups make it versatile for various chemical reactions, enabling the production of active pharmaceutical ingredients (APIs) and specialty chemicals. It is also employed in the development of chiral compounds, particularly in asymmetric synthesis, due to its stereochemistry. Additionally, it finds application in the production of flavor and fragrance compounds, contributing to the creation of specific aroma profiles in food and cosmetic products. Its role in metabolic pathways also makes it relevant in biochemical research and studies related to organic acids in biological systems.