This compound is widely recognized for its antioxidant properties, making it valuable in the health and wellness industry. It is often used in dietary supplements and skincare products to combat oxidative stress and promote cellular health. In the medical field, it is studied for its potential anti-inflammatory and anti-cancer effects, showing promise in inhibiting the growth of certain cancer cells. Additionally, it is incorporated into cosmetics for its ability to protect the skin from UV-induced damage and improve overall skin appearance. Its natural origin also makes it a popular choice in organic and natural product formulations.