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 condensed milk made of? ›

It's made from a few simple ingredients such as oats, rice and sugar, making sure the flavour only adds sweetness to your desserts, never over powering but always delicious. The lovely people at the Vegan Society have given us their seal of approval and we hope you will too.

Is there a replacement for sweetened condensed milk? ›

Canned cream of coconut

Cream of coconut is a great substitute for sweetened condensed milk, giving a hint of tropical flavor. 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 contains about 1/2 of the calories required for a person for a single day. It has a huge amount of sugar and saturated fat, but otherwise isn't terribly rich in other nutrients. Long term, the impact on your health will depend on what you file the other 1/2 of your diet with.

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.

What is a non dairy substitute for evaporated milk? ›

Dairy alternatives to evaporated milk include whole milk, cream, and half-and-half, while nondairy options include soy milk, nut milk, and quinoa milk. When choosing an alternative to evaporated milk, a person may wish to consider the taste and consistency of the product.

Is Eagle Brand condensed milk vegan? ›

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

Is Lechera vegan? ›

This product contains 1 ingredient that is not vegan and 1 ingredient that may not be vegan.

Is Cool Whip vegan? ›

Also, Cool Whip contains sodium caseinate, a milk-protein. So no, present day Cool-Whip is not dairy-free. That also means Cool Whip is not vegan. Cool Whip is not exactly keto friendly either.

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.

How do I substitute heavy cream for sweetened condensed milk? ›

Can you substitute sweetened condensed milk for heavy cream or half & half in recipes? Simply mix 1 cup of heavy cream with ¼ cup of sugar to get a creamy rich alternative. You can use this as a 1:1 exchange for sweetened condensed milk in any recipe.

Can I use milk powder instead of condensed milk? ›

Yes it can, only thing please keep in mind your recipe will need lot of adjustment Sweetened condensed milk has I believe 40 percent sugar, and where as SMP has none, also there has to be some adjustment even minor for fat also.

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.

Can bacteria grow in condensed milk? ›

Previous investigations have, in general established the following points: (a) In good condensed milk the total number of bacteria is relatively low, usually but a few hundred per gram, and (b) when such a product is inocu- lated with a culture of bacteria the organisms not only do not grow, but the count often becomes ...

Is Carnation condensed milk bad for you? ›

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 can I use instead of condensed milk cream? ›

Use it in the same way as you would cream. What quantity should I use? Unsweetened condensed milk can be used in equal quantities to substitute cream or you can use half cream, half condensed milk for most recipes.

Can you free condensed milk? ›

Condensed milk can be frozen although it will not freeze solid due to its high sugar content. This means it does not need to be thawed after usage although the texture does thicken and becomes more viscous after freezing. Frozen condensed milk should be used within three to six months for better results.

Is Cool Whip dairy free? ›

From its introduction, Cool Whip was labeled and advertised as non-dairy, but as of 2018 it contains skimmed milk and sodium caseinate, a milk derivative. Even before the skimmed milk was introduced, Cool Whip was classified in Jewish dietary traditions as dairy because of the sodium caseinate.

Is evaporated milk the same as condensed milk? ›

Both are concentrated, shelf-stable milk products that have been heated until at least 60 percent of their water content has evaporated. The main difference between evaporated milk and condensed milk is that evaporated milk is unsweetened while condensed milk is sweetened.

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