Used as a flavor and fragrance ingredient due to its fruity, creamy, and buttery notes. Commonly found in food flavorings to enhance dairy and fruit flavors, especially in products like butter, cheese, and tropical fruit preparations. Also utilized in perfumery for adding subtle sweet and creamy nuances to fragrance compositions. Its diketone structure contributes to stability and blending properties in both aqueous and oily systems. Additionally, it serves as a versatile intermediate in organic synthesis for pharmaceuticals and other complex organic compounds.