Used as an intermediate in organic synthesis, particularly in the fragrance and pharmaceutical industries. It serves in the preparation of complex aroma compounds due to its stability and ability to introduce benzyloxy-containing moieties. Its acetal group allows for controlled release of aldehyde functionality under mild acidic conditions, making it valuable in multi-step syntheses where selective deprotection is required. Also employed in the creation of flavorants and perfumes for its ether-like, slightly sweet characteristics.