Formononetin is widely studied for its potential health benefits, particularly in the field of nutrition and medicine. It is known for its phytoestrogenic properties, making it useful in managing menopausal symptoms by mimicking the effects of estrogen in the body. This compound is also being researched for its role in improving bone health, as it may help in reducing bone loss associated with osteoporosis. Additionally, formononetin exhibits antioxidant and anti-inflammatory properties, which could contribute to its potential in preventing chronic diseases such as cardiovascular disorders and certain types of cancer. In agriculture, it is explored for its ability to enhance plant growth and stress resistance, making it a candidate for developing sustainable crop solutions. Its applications in skincare are also emerging, with studies suggesting it may help in reducing skin aging and improving skin elasticity.