Joshua, Addition of any biowaste will improve soil health irrespective of whether it is peel,straw or anything else.
However it depends upon the. C:N ratio of biowaste which will decide it's decomposition period and then mobilizing the nutrients within it towards soil and upcoming crop.
Shibabrata Pattanayak yes Sir in my point of view it will be cost effective and has dual benefits first it will reduce the pollution which is made by the fruit peel degradation secondly fruit peel will use in effective way when we use it as bio-stimulant.