N-Benzoyl-L-phenylalanine is primarily used in the field of peptide synthesis as a protective group for amino acids. It helps in the selective modification of peptides by protecting the amino group during chemical reactions, ensuring that the desired peptide bonds are formed without unwanted side reactions. This compound is also utilized in the development of pharmaceutical intermediates, particularly in the synthesis of bioactive molecules and drug candidates. Additionally, it plays a role in research involving enzyme inhibitors and receptor studies, where its structural properties are leveraged to investigate molecular interactions. Its application extends to the production of chiral compounds, where it aids in maintaining stereochemical integrity during synthetic processes.