Used in the pharmaceutical industry as a key component in drug delivery systems, particularly in liposomal formulations to enhance the stability and bioavailability of active ingredients. It is also employed in the production of parenteral nutrition solutions, providing essential phospholipids for cell membrane integrity and function. In nutritional supplements, it aids in nutrient absorption and supports liver health. In the cosmetic industry, it acts as an emulsifier and moisturizer, improving skin hydration and texture. Additionally, it is utilized in the food industry as an emulsifying agent in products like margarine, chocolate, mayonnaise, and baked goods to ensure smooth texture and consistency. Its biocompatibility and surfactant properties make it valuable in various industrial and medical applications.