The main applications of vernalization are:
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In biennial plants the vernalization induces the early flowering and the fruit set.
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The flowering is also induced by grafting the vernalized shoot apex with that of the non-vernalized one. This feature is used in Horticulture.
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The crop plants of winter varieties can be converted to that of spring variety.
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It is one of the methods for crop improvement.
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Vernalization helps in increasing the resistance to fungal diseases.
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It shortens the vegetative period of the plants. So that the number of crops that can be raised in the same land can be increased.
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Vernalization helps in growing more than one crop in the same season.
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The crop raising in relatively short time by vernalization reduces the cost of production.
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A new crop can be introduced to an area in a growing season which will shorter than its normal season.