Used in the fragrance and flavor industry, it contributes to the creation of complex, fruity, and floral aromas. Its unique chemical structure makes it suitable for enhancing sensory profiles in perfumes, cosmetics, and food products. Additionally, it serves as an intermediate in organic synthesis, particularly in the production of fine chemicals and pharmaceuticals. Its hydroxyl and ester functional groups allow for versatile reactivity, enabling its use in polymerization processes and the development of biodegradable materials. In research, it is employed as a standard or reference compound in analytical studies.