Azaya Dried coconut can be consumed as a snack, in cereal, baked goods, salad, smoothies or sauteed with vegetables .Desiccated coconut is an ideal source of healthy fat that contains no cholesterol and contains selenium, fiber, copper and manganese. One ounce of desiccated coconut contains 80% healthy, saturated fat. Selenium is a mineral that helps the body produce enzymes, which enhance the immune system and thyroid function.