Used as a flavoring agent in the food industry, it imparts a nutty, roasted aroma to various products, enhancing their sensory appeal. In the fragrance industry, it serves as a key ingredient in perfumes and cosmetics, providing a unique scent profile. Additionally, it is utilized in organic synthesis as an intermediate for producing more complex chemical compounds, particularly in pharmaceuticals and agrochemicals. Its role in research includes studying reaction mechanisms and developing new synthetic pathways.