Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its ester and ketone functional groups allow for versatile reactivity, including nucleophilic addition and condensation reactions. Commonly employed in the construction of cyclic compounds and heterocycles due to the strain and reactivity of the cyclopropyl ring. Also utilized in the development of active ingredients in crop protection products owing to its ability to enhance metabolic stability in target molecules.