Orange peel is made from the outer peel of the orange and has a bright color and flavor. Orange peel is a perfect addition to coffee cake, banana bread, waffle batter, cheesecake and muffins. Sprinkle on hot cereal or add to potpourri. To rehydrate: Use 3 parts water to 1 part peel, let stand 15 minutes. Sub 1/3 as much dry as recipe calls for fresh.