This compound is primarily used in the field of neuroscience and cognitive health due to its role in supporting brain function. It is often incorporated into dietary supplements aimed at improving memory, focus, and mental clarity, particularly in aging populations. Additionally, it is utilized in research studies to investigate its potential in mitigating cognitive decline and enhancing neuronal communication. In the pharmaceutical industry, it serves as a key component in drug delivery systems, particularly in liposomal formulations, where it helps improve the stability and efficacy of therapeutic agents. Its amphiphilic nature makes it suitable for use in cosmetic formulations as well, where it acts as an emulsifier and skin-conditioning agent, promoting hydration and barrier repair.