Used in biochemical research to study carbohydrate metabolism, particularly in the oxidation of pyranose sugars to their corresponding ketones. Applied in biosensors for detecting glucose levels due to its specificity for sugar oxidation. Utilized in the food industry to improve the quality and shelf life of products by controlling sugar content. Also employed in enzymatic synthesis of rare sugars and other organic compounds. Its role in biofuel production is explored for converting sugars into energy sources.