The 43-year-old was among those formally knighted by Princess Anne, the Princess Royal, at an investiture ceremony on Tuesday.
Anderson made his Test debut for England in 2003 and went to take 704 wickets in 188 appearances in the longest format, the third most in the history.
Only Sri Lanka's Muttiah Muralitharan (800) and the late Australia spinner Shane Warne (704) are above Anderson in the most wickets list in Test matches.
In 2018, a ballot of over 6,000 English cricket fans voted him into an all-time Test XI.
Anderson made his final international appearance for England in 2023 against West Indies at Lord's.
The paceman has continued to play English county cricket for Lancashire after his international retirement and has signed for his home county for another season.
England fast bowler Mark Wood says he wants to up his intensity as he builds up to put himself in the selection frame for the first Ashes Test that starts in Perth on 21 November.
Laura Wolvaardt played one of the all-time great ODI innings to guide the Proteas Women into the ICC Women's World Cup final after a comprehensive 125-run victory against England.
New Zealand battled past England by four wickets at Bay Oval on Sunday in the first match of their three-game ODI series, with half-centuries from Daryl Mitchell and Michael Bracewell proving pivotal.
Ashleigh Gardner's blistering century and Annabel Sutherland's unbeaten 98 powered Australia to a stunning six-wicket victory against England at the ICC Women's World Cup.
