Used primarily as a flavoring agent in food and fragrance industries due to its pleasant, sweet, vanilla-like aroma with balsamic and smoky nuances. It contributes to the sensory profile in vanilla-flavored products, baked goods, and beverages. Also found in some cosmetic formulations for its aromatic properties. Serves as an intermediate in organic synthesis for pharmaceuticals and fine chemicals. Naturally occurs in certain plant extracts, including vanilla and some spices, and is valued for enhancing overall flavor complexity.