Nutmeg is found to have health benefits, including its ability to relieve pain. soothe indigestion, strengthen cognitive function, detoxify the body, boost skin health, alleviate oral conditions, reduce insomnia, increase immune system function.. Nutmeg is valued as a potent aphrodisiac, digestive stimulant, and essential oil easing the pain associated with headaches and treats common cold, cough, and asthma. Nutmeg spice powder comes with a dense nutrient profile which offers you indispensable health benefits. The myriad of nutrients present in nutmeg include fiber, manganese, magnesium, copper calcium, iron, and vital vitamins thiamin vitamin B6, and folate.