Used primarily in the fragrance and flavor industry, it imparts a sweet, balsamic, and slightly fruity aroma, making it a popular choice for perfumes, cosmetics, and scented products. It also serves as a flavoring agent in food products, adding a pleasant taste to items like baked goods, candies, and beverages. Additionally, it is utilized in the formulation of certain personal care products, such as lotions and creams, due to its mild and agreeable scent. Its stability and compatibility with other ingredients make it a versatile component in various formulations.