5-Benzyloxy-DL-tryptophan is primarily used in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of more complex compounds, particularly those related to tryptophan derivatives. Its applications include the study of enzyme mechanisms and metabolic pathways, where it helps in understanding the role of tryptophan in biological systems. Additionally, it is utilized in the development of potential therapeutic agents, especially in the field of neurology and psychiatry, where tryptophan derivatives play a significant role in modulating neurotransmitter activity. The compound is also employed in the preparation of peptides and peptidomimetics, contributing to advancements in drug discovery and the design of bioactive molecules.