Used primarily as a flavoring agent due to its sweet, caramel-like, and fruity aroma. Commonly found in food products to enhance flavor, especially in baked goods, dairy items, and beverages. Also serves as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its reactivity makes it useful in organic transformations, particularly in the development of more complex furan derivatives. Additionally, it has been studied for potential use in fragrances for cosmetics and personal care products owing to its pleasant scent profile.