Used in pharmaceuticals to enhance drug solubility and stability by forming inclusion complexes, allowing for improved bioavailability of poorly water-soluble drugs. Commonly applied in oral and topical formulations to control release rates and reduce irritation or volatility of active ingredients. In food industry, it traps and stabilizes flavors, fragrances, and sensitive compounds, extending shelf life and masking unpleasant tastes. Also utilized in cosmetics to encapsulate active ingredients for controlled delivery and reduced skin sensitivity. Employed in environmental applications to capture and remove pollutants such as organic contaminants from water. Its ability to form host-guest complexes makes it valuable in analytical chemistry for chiral separations and sensing.