Used in the synthesis of pharmaceuticals, particularly as an intermediate in the production of chiral compounds. It plays a role in the development of drugs targeting cardiovascular diseases and central nervous system disorders. Additionally, it is utilized in the creation of fragrances and flavoring agents due to its pleasant ester-like aroma. In research, it serves as a building block for complex organic molecules, aiding in the study of stereochemistry and enantioselective reactions. Its application extends to agrochemicals, where it contributes to the formulation of pesticides and herbicides with improved efficacy.