The ketoret is more precious to Hashem than all the other sacrificial offerings because it is not brought for atonement , rather, it brings joy to Hashem and wipes away heavenly anger as well as punishments
( מדרש תנחומא טו , בראשית רבה - יח' - ח , זהר-ויקרא-יא-א)

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The Ketoret is brought to provide joy to Hashem. Ketoret (קטרת) comes from the Aramaic root of the word קטר = "tying" to show that the Ketoret binds the the Jewish people to Hashem( זהר ויקרא יא-א )

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The word קטרת forms an acrostic: 
ק - קדושה -sanctity
ט-טהרה - purity
ר-רחמים - mercy
ת-תקוה - hope
 

Indicating that Ketoret adds sanctity and purity to the world ,   increases divine mercy on his creatures , and brings hope to the world.  ('מדרש תצוה יד)

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The Soul takes no physical pleasure other than through sense of smell and through the Ketoret , mans soul can be bound with the upper worlds (רח' מנחם רקנתי , טעמי המצוות - מצות עשה מא')

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Reading the texts with comprehension and intent is reckoned as if one  has actually offered the Ketoret  (מדרש תנחומא - תצוה - טו')

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Whoever reads the paragraphs about the preparation of the Ketoret with comprehending it's words , he will merit great and powerful things. He nullifies all curses , evil occurrences , and harsh judgements.( זהר ויקהל - ריח'-ב)

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One must understand what he is saying when he recites the order of preparing the Ketoret. Only then is his recitation reckoned as if the Ketoret had actually been offered and only then will he merit all the powerful benefits to be gained from reciting it. One should make an effort to learn its words in whatever language they can comprehend most.

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Immeasurably powerful and wondrous benefits accrue to whoever reads the preparation of the Ketoret 3 times daily with kavana and understanding. 1. During the korbanot that are read before שחרית. 2. Reciting it before עלינו לשבח of Shacharit. 3. Reciting it before מנחה

. (שער הכוונות - דרושי תפילת השחר- ג')

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By reciting the Ketoret with heartfelt intent daily, one weakens the Satan's power and deprives him of his life source. Even if the person or a member of his family has been sentenced to die, the sentence can be annulled by the power of reciting the Ketoret (סגולות ישראל אות ק'-כב)

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Reading the Ketoret daily is conducive to wealth ( מס יומא כב' ע"א  )

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Rabbi Moshe Ben machir writes,   "every spiritually inclined individual should make every effort to recite it twice daily and to comprehend it. This causes blessing and success in every one of our deeds and pursuits. One who is scrupulous about this grows wealthy and never becomes impoverished. No kohen needed to offer it twice because his handiwork was blessed. The same will be true for someone who is careful to read it meticulously daily, he will merit increased income for sure. ( 'סדר היום דף נג)

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One who has become impoverished, G-d forbid , should make every effort to recite the Ketoret every day slowly and meticulously with wholehearted intent. This will help his good mazal prevail ('סגולות ישראל ק' - כב)

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Whoever recites the Ketoret in the morning at Shacharit before עלינו לשבח , annuls the decree of death hovering over his home. (.זהר פרשת פנחס דף רכד)

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