Tricaproin is widely used in the food industry as a food additive and emulsifier, helping to stabilize and blend ingredients in various products. It is also utilized in the production of cosmetics and personal care items, where it acts as a moisturizing agent and enhances the texture of creams and lotions. In the pharmaceutical sector, it serves as an excipient in drug formulations, aiding in the controlled release of active ingredients. Additionally, tricaproin is employed in research and development for studying lipid metabolism and as a model compound in biochemical studies. Its versatility makes it valuable across multiple industries.