Australian Scientists Develop Pineapple That Tastes Like Coconut Australian scientists have developed a new variety of pineapple that has a coconut flavor. The Aus Jubilee pineapple has a hint of coconut. The new AusFestival pineapple has a much stronger coconut flavor. A fruit and vegetable company named Favco plans to produce and sell the coconut flavored pineapples. Follow Life's Little Mysteries on Twitter @llmysteries. We're also on Facebook & Google+.