In contrast to previous hypotheses that there are a few primary odors, recent results show the existence of an extremely large number of receptors each capable of recognizing a small number of odorants. Although in principle enantiomers have different odors, in many cases the size of the difference is small or even zero. Minor structural change often has a major effect on the odor perceived. Detailed results of structure‐odor relationship have been obtained with several classes of odorants. Most investigated are the classes of fatty aldehydes, degraded carotenoids, sandalwood odorants, ambergris and musk compounds. Various rules and correlations have been established. Despite numerous excellent studies during the last 30 years the area of structure‐odor relationship remains rather confusing.