This homemade sugar free condensed milk is rich, creamy and made with just 3 ingredients. It is perfect anywhere you'd use traditional sweetened condensed milk, from baking and desserts to coffee. Naturally dairy-free, too!
Empty all ingredients into a saucepan. Stirring regularly, bring the mixture to the boil over a medium heat. It will become a smooth liquid.
Reduce to a very low heat and let the mixture simmer for about 30-45 minutes. Continue to stir in regular intervals and wait until the liquid has reduced by half. The mixture will thicken and coat the back of a spoon.
Fill the keto condensed milk into a glass jar and let it cool to room temperature. It thickens further as it cools. Once it has cooled fully, store it in the fridge.
Notes
Net carbs per tablespoon: 0.6g.Makes 1 cup or 240ml of condensed milk. 16 servings of 1 tablespoon each. Allulose is the best sweetener for this recipe, because it does not re-crystallise. In the UK and Europe, it's available via iherb.com.If you want to use a different low carb sweetener such as erythritol, make sure it is powdered. The result will not be as smooth. Also, regular low carb sweeteners are a 1:1 sugar replacement while allulose is 33% less sweet. Therefore, reduce the amount of sweetener to 3 tablespoons if you're not using allulose. I reworked the recipe in June 2022. My original recipe used 2 tablespoons of powdered erythritol and twice the amount of coconut milk. Due to the natural sweetness of the coconut, it still tasted gently sweet. However, I recommend using allulose now and the amount stated in the recipe above. This way the condensed milk is perfect for keto dessert recipes. Store in the fridge for up to 1 month.