Conchita Grated coconut 32 oz is when it is toasted until deep brown, ground finely and used to thicken and enrich certain dishes. Grated coconut is the white flesh of coconuts which has been shredded or grated, it is very versatile and can be used for a variety of things from art projects to sweet desserts. Shredded coconut can be sprinkled on the top of an iced cake for extra flavor and texture.