My application produces strings like the one below. I need to parse values between the separator into individual values.
2342|2sd45|dswer|2342||5523|||3654|
In that case I often prefer a p2 = strchr(p1, '|') loop with a memcpy(s, p1, p2-p1) inside. It's fast, does not destroy the input buffer (so it can be used with const char *) and is really portable (even on embedded).
It's also reentrant; strtok isn't. (BTW: reentrant has nothing to do with multi-threading. strtok breaks already with nested loops. One can use strtok_r but it's not as portable.)