Used primarily as a flavoring agent in the food industry due to its pleasant, sweet, vanilla-like aroma. It is commonly found in baked goods, desserts, and beverages to enhance flavor. Also serves as an intermediate in the synthesis of pharmaceuticals and fragrances. Its antioxidant properties make it useful in cosmetic formulations to help preserve products and prevent oxidation. Additionally, it is employed in research settings as a reference standard or reagent in analytical testing.