Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (2024)

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By Alisa Fleming on Alisa's Favorite Dairy-Free Recipes, Cream and Butter Subs, Dairy-Free Recipes, Milk Subs

Did you know Borden’s Eagle brand sweetened condensed milk has been around since 1856? Yes, it took over 150 years to create the perfect vegan copycat, but here it is. This dairy-free sweetened condensed milk is perfectly thick, rich, and sweet, just like the classic. It begs to be used in dairy-free magic bars, Thai iced tea, two-ingredient fudge, macaroons, lemon cream pie (with coconut whip!), and many other delicious desserts.

Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (1)

This is the Best Dairy-Free Sweetened Condensed Milk. Here’s Why

I have made many versions of dairy-free sweetened condensed milk over the years. In fact, I have three favorite recipes for it (including this one) in Go Dairy Free: The Guide and Cookbook. But this has become my go-to recipe for all of the following reasons.Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (2)

  • It’s Just Like Eagle Brand! I actually had a dairy consumer taste test this recipe side by side with Borden’s classic, as I made tweaks. He said this final version was spot on. Since I use lite coconut milk (less coconut meat), a complementary milk beverage, and a touch of vanilla, the flavor isn’t overtly coconut, like other recipes can be.
  • It’s Lower Sugar! Despite being just as sweet, this vegan sweetened condensed milk recipe has less than half the sugar of traditional sweetened condensed milk. Two tablespoons of most brands contains 22 grams of sugar, but this recipe has less than 10 grams.
  • It’s Low Fat (as it should be)! Sweetened condensed milk isn’t very high in fat. It contains 3 grams per 2 tablespoons. Many vegan recipes and brands use 2 cans of full-fat coconut milk, which works (I do this myself sometimes!), but makes it much higher in fat, and richer than needed for most recipes. This recipe contains about 3 grams of fat per serving, just like Eagle brand.
  • It’s Cheap! This recipe costs about $2 to make, and you get the equivalent of a FULL 14-ounce can. Store-bought brands of dairy-free sweetened condensed milk cost $3.50 to $5 and contain just 7 to 11 ounces. Many online recipes require two full cans of full-fat coconut milk to make a full can equivalent, which makes it the same cost as store-bought versions.
  • It’s Creamy! When you cook down lite coconut milk with sugar, it can become opaque. I cook down most of the liquid, then whisk in milk beverage at the end, which gives it a perfectly creamy finish. But make sure you use a good quality lite coconut milk. I have tried some lesser quality brands, like 365, which did not produce a thick condensed milk. If concerned about quality, use a can of regular, full-fat coconut milk instead. Just one can only adds a little fat per serving.

Lite Coconut Milk Note

I used Thai Kitchen and Native Forest lite canned coconut milk in testing. But I’m excited about the Thai Kitchen Lite Coconut Milk Cartons I just spotted. I haven’t tested with this one yet, but it has just two ingredients (coconut milk and water), and is resealable. I think it should work well, and it looks like a great option if you want to avoid all additives. In a pinch, you can dilute a full-fat canned coconut milk with one part water, one part coconut milk to make a slightly rich lite coconut milk alternative.

Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (3)

Special Diet Notes: Dairy-Free Sweetened Condensed Milk

By ingredients, this recipe is dairy-free / non-dairy, egg-free, gluten-free, grain-free, optionally nut-free, soy-free, vegan, and vegetarian.

4.8 from 6 reviews

Dairy-Free Sweetened Condensed Milk

Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (4)

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This recipe is from my flagship book, Go Dairy Free: The Guide and Cookbook, and is my go-to for substituting sweetened condensed milk in most recipes. It’s relatively inexpensive and has a thick but pourable consistency that’s spot-on for the original.

Author: Alisa Fleming

Recipe type: Dessert

Cuisine: American

Serves: 1¼ cups (equivalent by volume to 1 (14-ounce) can)

Ingredients

  • 1 (14-ounce) can lite canned coconut milk (like Thai Kitchen or Native Forest)
  • ½ cup cane sugar (see Sweetener Note below)
  • ½ teaspoon vanilla extract
  • Generous pinch salt
  • ½ cup unsweetened plain dairy-free milk beverage (preferably one that is quite rich)

Instructions

  1. Pour the coconut milk into a medium saucepan over medium heat. Whisk in the sugar, and bring the mixture to a boil. Reduce the heat to medium-low and simmer, whisking occasionally, for about 25 minutes, or until the mixture reduces to ¾ cup. It It will be very thick and a bit “gloppy.”
  2. Remove the pan from the heat and whisk in the vanilla and salt. Let cool for 10 minutes.
  3. Vigorously whisk in the milk beverage until very smooth. Let cool.
  4. Store in an airtight container in your refrigerator for up to 1 week. It will thicken a bit as it chills.

Notes

Sweetener Note: Plain white cane sugar (or beet sugar) produces the most neutral, versatile flavor in this recipe. Other sweeteners like brown sugar, coconut sugar, agave nectar, honey, and maple syrup can be substituted and will technically work, but since you are concentrating the liquid, the sweetener will heavily influence the resultant flavor. Make sure the bolder flavor profile suits your recipe.
Richer Version: If you want a richer version that's sets up firmer when chilled, you can substitute full-fat canned coconut milk for the lite coconut milk. That will add about 2 to 2.5 grams of fat and around 20 calories per 2 tablespoon serving.

Nutrition Information

Serving size:2 tablespoons Calories:63 Fat:2.7g Carbohydrates:10g Sugar:10g Sodium:18mg Protein:0g

For More of Classic Recipes, Get Go Dairy Free!

Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (5)

Dairy-Free Sweetened Condensed Milk Recipe (THE Vegan Copycat) (2024)

FAQs

Is there a dairy-free substitute for condensed milk? ›

Oatmilk is currently the undisputed darling of plant-based milks. The taste is similar to cow's milk but with a slightly sweeter flavor. This makes it a great option for a dairy-free condensed milk alternative.

What is vegan sweetened condensed milk made from? ›

In 2020, Nestlé's dairy brand Carnation launched a vegan version of its condensed milk—which is made with oats, rice flour, and sugar—for the first time. Just like the regular version, it can be used in cooking to add a little extra sweetness to desserts and treats like vegan cheesecake, cupcakes, and fudge.

What can I substitute for sweetened condensed milk in a recipe? ›

Canned cream of coconut

It's dairy-free and can be substituted cup for cup. The thick consistency of cream of coconut closely resembles sweetened condensed milk, allowing for similar richness in many recipes.

Why is condensed milk not advisable? ›

Sweetened condensed milk is high in calories and unsuitable for people with cow's milk protein allergy or lactose intolerance. Its sweet flavor may be off-putting for some and doesn't typically serve as a good substitute for regular milk in recipes.

What is a plant based substitute for condensed milk? ›

In similar fashion to coconut milk, almond milk can also be used to make an excellent vegan substitute for sweetened condensed milk as well! The result will be noticeably different than using condensed milk, as almond milk has a much lower fat content than regular cow's milk as well as a thinner texture.

Can you buy dairy free condensed milk? ›

Nestlé Plant Based Condensed Milk Alternative is made from rice flour and oat flour and is perfect ingredient for delicious vegan baking. It is a great ingredient for creating tasty dairy alternative sweet treats such as cakes, cookies, brownies, cheesecake, caramel slice and more.

Can I buy vegan condensed milk? ›

Approved by the Vegan Society, our Vegan Condensed Milk Alternative can make all your favourite Carnation® recipes vegan, including Banoffee Pie, Fudge, Cheesecake, Millionaire's Shortbread and so much more.

Is Eagle Brand condensed milk vegan? ›

Our signature Sweetened Condensed Milk is only made from milk and sugar.

Why do Vietnamese use so much condensed milk? ›

Coffee was introduced to the country by the French colonists during the 19th century, and the French also brought condensed milk to Vietnam as they were unable to transport fresh milk. Over time, it was incorporated into local dishes and drinks, adding the vibrancy of traditional Vietnamese food.

What is the same as sweetened condensed milk? ›

Condensed milk is evaporated milk that typically has sweetener added, so much so that the terms 'condensed milk' and 'sweetened condensed milk' are used interchangeably.

Can you turn evaporated milk into sweetened condensed milk? ›

While we don't recommend substituting condensed milk for evaporated milk or vice versa, you can make your own condensed milk when you're in a pinch. Simply heat together 1½ cups of sugar and one can of evaporated milk until the sugar has fully dissolved.

What does sweetened condensed milk do in baking? ›

It provides a concentrated creaminess and sweet, milky flavor to whatever you put it in, without all the excess moisture that you get from regular old milk. That makes it perfect for creamy things that you want to set to a near-solid, like key lime pie, fudge, frozen margarita pie, or caramel.

What is a healthy substitute for sweetened condensed milk? ›

Almond Milk and Sugar

For a substitute, simmer 2 cups of almond milk over low heat until the liquid reduces to 1 cup. (This is not a one-to-one alternative. You do need 2 cups of almond milk to make one cup of sweetened condensed milk.) To sweeten this up, you can add 2/3 cup of any type of sugar and mix.

Why is sweetened condensed milk unhealthy? ›

There could be gas, cramps, and stomach discomfort. Because condensed milk is more concentrated than the same volume of regular milk, it contains more lactose. Sweetened condensed milk includes a lot of calories, but it also has a lot of saturated fat, which is dangerous for people with diabetes and heart issues.

Are condensed milk and milkmaid the same? ›

MILKMAID is a rich & smooth sweetened condensed milk - the dessert partner that helps you make a range of mouth-watering sweets at home - be it Kheer, ice creams or cakes. It's versatility lends itself well to both traditional & western desserts.

Is there a non dairy option for evaporated milk? ›

Soy milk is nutritionally the closest to dairy milk and makes a good substitute when reduced by simmering on the stove in the same way. Nut milk can also be reduced and used, but may be more suitable for sweet dishes depending on the flavor of the milk.

Is there a non dairy substitute for evaporated milk? ›

Soy milk can be heated, and the water content reduced to use it like evaporated milk. The taste is slightly different, but in most recipes you won't notice. It can be used in sweet and savory dishes alike.

Can you have condensed milk if lactose intolerant? ›

It can be used in blondies, caramel slices and tres leches cake, among other things. What is this? Regular condensed milk contains a lot of lactose, which makes it unsuitable for people with lactose intolerances and those following a low FODMAP diet.

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