Homemade Sugar-Free Condensed Milk (3 Ingredients)

Table of Contents

About This Recipe:

Traditional condensed milk is rich and sweet—but packed with sugar. This version replicates the creamy, thick texture and sweet flavor using low-carb ingredients. It’s done in 25–30 minutes, and works well in keto desserts like fudge, no-bake bars, or coffee drinks.

Prep Time: 2 minutes

Cook Time: 20–25 minutes

Cooling Time: 5 minutes

Ingredients:

2 cups heavy cream

⅓ cup powdered erythritol (or monk fruit sweetener)

2 tablespoons unsalted butter

Optional (for flavor): ½ tsp vanilla extract

Instructions:

Combine & Heat

In a medium saucepan, add heavy cream and sweetener.

Turn the heat to medium-low.

Stir constantly until the sweetener fully dissolves.

Simmer Gently

Allow the mixture to simmer, not boil, for 20–25 minutes.

Stir frequently (every 2–3 minutes) to prevent burning.

You’re aiming for the mixture to reduce by about half.

It will thicken slightly, but will thicken more as it cools.

Add Butter

Once reduced, remove from heat.

Stir in the butter until melted and smooth.

(Add vanilla extract now if using.)

Cool & Store

Let it cool for about 5 minutes.

Transfer to a glass jar or container.

It will thicken further as it chills in the fridge.

Storage:

Refrigerate for up to 1 week in an airtight jar.

To reheat: microwave in short bursts or warm in a water bath.

Tips:

Don’t boil the cream or it may curdle—gentle simmer is key.

For a dairy-free version, you can try canned coconut cream instead of heavy cream.