Tricetin is primarily used in research settings for its antioxidant properties. It has shown potential in inhibiting lipid peroxidation, making it of interest in studies related to oxidative stress and cellular damage. It is also investigated for its anti-inflammatory and anticancer activities, particularly in modulating signaling pathways in cancer cells. Due to its ability to chelate metal ions, tricetin is explored for use in preserving food and cosmetic products by preventing oxidation. Additionally, it serves as a biochemical tool in enzyme inhibition studies, especially concerning kinases and ATP-binding sites.