Star anise is famed not only for its distinct flavor and culinary applications but also for its medicinal benefits. Star anise is rich in a variety of flavonoids and polyphenolic compounds that may contribute to its medicinal capacity. Star anise has a distinct licorice-like flavor. It’s a popular ingredient in Asian cuisine and can be used in soups, stews, broths, baked goods, desserts or steeped as a tea.