Is peanut powder good for you The effect of peanut powder is mainly to degrade cholesterol and promote growth and development. Peanut powder is rich in protein/trace elements, and also contains a small amount of peanut oil. And the whole body of peanut is treasure, the skin of peanut for anemia, thrombocytopenia, there is an auxiliary therapeutic effect. Peanut kernels are rich in linoleic acid and other essential unsaturated fatty acids, which are especially beneficial to the absorption and digestion of the human body.