This thick and creamy coconut dip has a velvety smooth cream cheese base flavored with caramel sauce and coconut extract and is topped with a little toasted coconut for crunch and paired with your favorite dippers.
Preheat the oven to 325 degrees F. Line a baking sheet with sides with parchment paper and spread the shredded coconut evenly out on the baking sheet.
Place the coconut in the oven and let toast for 10 minutes or until the coconut begins to turn golden brown.
In a large mixing bowl, add the cream cheese, whipped topping, powdered sugar, caramel sauce, and coconut extract. Beat with a hand mixer on medium speed until combined.
Fold in the ½ cup of the toasted coconut.
Cover and chill the dip in the refrigerator for an hour.
Sprinkle the top with the remaining toasted coconut before serving.
Serve with cookies, pretzels, graham crackers, fruit, etc.
Cover and store in the refrigerator.
Notes
Storage: Store the dip in an airtight container in the refrigerator for up to 3-4 days. Stir it in between uses, to ensure it is fully incorporated.