Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of fragrances and flavoring agents due to its aldehyde and ester functional groups. Its structure allows for easy modification in organic reactions, making it valuable in creating complex molecules. Commonly employed in perfumery for imparting sweet, floral, or fruity notes. Also utilized in agrochemical synthesis for building active ingredients in pesticides and plant growth regulators. Suitable for use in research settings for designing novel compounds with targeted biological activity.