Used as an intermediate in organic synthesis, particularly in the pharmaceutical and fragrance industries. Its structure allows for ring modifications and functional group transformations, making it valuable in creating complex molecules. Commonly employed in the development of flavor compounds due to its cyclic ketone backbone combined with an ether linkage, contributing to sweet, fruity, or minty aroma profiles. Also utilized in the preparation of chiral building blocks through asymmetric synthesis, which are essential in producing enantiomerically pure drugs.