Coconut is listed as a “superfood” but it also has plenty of external benefits for pets. Coconut oil has antimicrobial, antifungal, and antibacterial properties. This means it can reduce yeast and fungus on contact. It is also great for healing irritated skin, hot spots, cracked paws, eczema, strings, and bites. Lastly, coconut oil leaves hair soft and healthy, giving your pet’s coat a shiny gleam and an irresistible smell.