Used primarily as a flavoring and fragrance agent in the food and cosmetic industries due to its pleasant, sweet, and slightly spicy aroma reminiscent of anise or licorice. It is commonly found in perfumes, soaps, and essential oil formulations for its stable scent profile. Also serves as an intermediate in organic synthesis for pharmaceuticals and agrochemicals, where its aromatic and olefinic structure allows for various chemical transformations. Its natural occurrence in certain plant essential oils makes it suitable for use in natural flavor and fragrance products.