Used extensively in the fragrance industry, it imparts a sweet, herbaceous, and coumarin-like aroma, making it a popular choice in perfumes, soaps, and cosmetics. It is also employed in the flavoring of foods and beverages to add a warm, vanilla-like note. In organic synthesis, it serves as a key intermediate for producing various pharmaceuticals and agrochemicals. Additionally, its photophysical properties make it useful in the development of fluorescent dyes and sensors for scientific research.