Anise has a licorice-like flavoring popular for making cookies, cakes and candies. Anise oil and anise extract can be substituted for one other, or another common flavoring can be used as a substitute.
Anise Oil
Anise oil is a highly concentrated flavoring, often used to make candy. It will last indefinitely when stored in a cool, dark cupboard.
Anise Extract
Anise extract is a less flavor-concentrated product. It is more often used in breads, cookies and other baked goods.
Oil Vs. Extract
Anise oil and anise extract can be used interchangeably in most recipes with some modifications to measurements. One part anise oil is equivalent to about four parts anise extract. Therefore, if a recipe calls for 1 tsp. of anise extract, use just 1/4 tsp. of anise oil.
Other Anise Products
Anise-flavored liqueur can also be used as a flavoring; substitute 1 to 2 tbsp. of liqueur for each teaspoon of anise extract in the recipe. Ground anise seeds can also be used; substitute 2 tsp. of ground anise seed for each teaspoon of anise extract in the recipe.
Vanilla Substitution
For people who don't care for the flavor of anise, an equal amount of vanilla extract can be substituted in recipes.
Fun Fact
Anise is used in numerous cuisines across northern Europe, the Mediterranean, North America, South America and Asia.