Widely used as an emulsifier in the food industry to blend ingredients that typically do not mix, such as oil and water, enhancing texture and stability in products like ice cream, baked goods, and salad dressings. In pharmaceuticals, it serves as a solubilizing agent, improving the dissolution of poorly soluble drugs in liquid formulations, ensuring consistent dosing. Additionally, it acts as a stabilizer in vaccines, helping to maintain the integrity of the active ingredients. In cosmetics, it is employed to create smooth, stable emulsions in creams, lotions, and makeup, enhancing their spreadability and absorption. Its surfactant properties also make it useful in cleaning products for effective dirt and oil removal.