Pineapple Tastes Like Coconut: In a tasty accident, researchers at Australia's Department of Agriculture have developed a new variety of pineapple that tastes like coconut. Horticulturists were looking to develop a pineapple that was sweet, had low acid and was very juicy, said horticulturalist Garth Senewski. And by fluke, they developed one, which they named AusFestival, reminiscent of the piña colada. Mixologists will have to wait a while before the drink is revolutionized; the pineapples won't be planted commercially for another two years.