Sugar Free Condensed Milk

Annie Lampella @ Ketofocus

By Annie Lampella, Pharm.D.

Published April 8, 2023 • Updated March 8, 2026

Reader Rating
4.8 Stars (12 Reviews)

This post may contain affiliate links. See my disclosure policy.

This sugar free condensed milk takes 30 minutes and three ingredients. I use it as my shortcut for keto fudge, caramels, pie fillings, and homemade ice cream.

If you make keto desserts, you’ve hit this wall: there’s no store-bought option without sugar. A standard can packs around 22g of carbs per serving, mostly from corn syrup. I got tired of skipping recipes that called for it, so I started making my own.

A spoon inside the thick, creamy, caramel colored sweetened condensed milk.

Three ingredients, one pot, 30 minutes. I combine butter, powdered allulose, and heavy cream in a saucepan and let it simmer until it reduces by about half. No constant stirring. Once it chills, it thickens into that rich, caramel-colored syrup that works exactly like the canned version. I reach for it when making keto fudge, caramel candy, vanilla ice cream, and pie fillings.

I’ve tested this with heavy cream and ultra-filtered milk side by side. Heavy cream is more forgiving and thickens faster, so I use it for fudge and candy. Ultra-filtered milk (I use Fairlife) mixes into batters without clumping or separating, which makes it better for baked fillings. Reader Amber C. confirmed the same thing after making five batches.

The biggest question I get: it looks too thin on the stove. That’s normal. The fridge finishes the job, not the burner. If the mixture coats the back of a spoon and holds a line when you run your finger through it, pull it. It firms up in about two hours.

KetoFocus fans think it’s the BEST!!

“I actually made this a few weeks ago. To be honest, I don’t even remember why I made it. I was going to use it for some recipe I didn’t end up making. Yet it was so freaking good I ended up eating it on other things. It’s awesome on keto toast, on blueberries, or to be perfectly honest, it’s nearly impossible to not just shovel spoonfulls right into your mouth, it’s that freakin good. Mine only lasted about 4 days in the fridge before it was all gone.”

➥ from YouTube subscriber @pumpkinheadghoul

 

“I make this milk all the time. Love it! I make coconut candy with almonds and a drizzle of chocolate on top using unsweetened coconut milk. It’s so good.”

➥ from YouTube subscriber @judystites9575

 

How to make sugar free condensed milk

I make this in one pot. Butter, powdered sweetener, and cream go in together, and I walk away until it boils. Then I drop the heat to low and let it simmer for 25-30 minutes. That’s the entire method.

Key ingredients and substitutions

  • Butter – I use unsalted so the sweetness stays clean. If the recipe you’re making calls for salt, add it there instead of here.
  • Sugar free sweetener – Use powdered, not granulated. Allulose is what I use because it’s the only sugar free sweetener that doesn’t crystallize when it cools. Erythritol-based powders will turn grainy on you.
  • Milk or cream – For the lowest carb option, use ultra-filtered whole milk like Fairlife (6g carbs per cup). If using whole milk, add 1/3 cup of heavy cream so it reduces faster without scorching. Heavy whipping cream works on its own and is what I grab most often. Canned coconut milk makes a dairy free version (instructions in the section below).
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Sugar Free Condensed Milk

4.8 (12) Cook 30m Total 30m 8 servings

Ingredients

Step by Step Instructions

Step by Step Instructions

1
Bring to a boil

Add butter, sweetener and milk or cream to a heavy bottom saucepan. Bring to a boil over medium heat while stirring occasionally.

A saucepan filled with cream and butter boiling over a stovetop burner.
2
Simmer until thickened

Reduce heat to low and simmer the mixture for 25-30 minutes or until the mixture has thickened and can coat the back of a spoon.

A hand holding a spoon of caramel colored condensed milk over a saucepan.
Tip Stir mixture occasionally and scraping the sides continuously to prevent a milky buildup from forming around the sides.
3
Refrigerate

Remove from the heat and pour into a storage container or mason jar. Let cool at room temperature for 30 minutes before transferring the keto condensed milk to the refrigerator to cool for 2 hours. Mixture will thicken as it cools. If mixture appears chunky, strain through a wire mesh first.

Pouring sugar free condensed milk into a mason jar.
Tip When ready to use, bring to room temperature. If the sweetened condensed milk is too thick, add a little bit of water to help thin it out.
Nutrition Per Serving 2 tablespoons
139 Calories
14.1g Fat
0.6g Protein
0.6g Net Carbs
0.6g Total Carbs
8 Servings
Nutrition disclaimer

The nutrition information provided is an estimate and is for informational purposes only. I am a Doctor of Pharmacy (Pharm.D.); however, this content is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Always consult your physician or other qualified health provider before making any lifestyle changes or beginning a new nutrition program.

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Sugar Free Condensed Milk

Frequently Asked Questions

It still looks thin on the stove. How do I know when to pull it?

I get this question constantly. The mixture will look too thin when you take it off the burner, and that's exactly how it should look. I use the spoon test: dip a spoon in, run my finger across the back, and if the line holds, it's done. The fridge does the real thickening over about two hours. If you wait for it to look thick on the stove, you've gone too far.

Should I use heavy cream or ultra-filtered milk?

I've made this with both many times. Heavy cream thickens faster and is more forgiving, so I grab it when I'm making fudge or candy. Ultra-filtered milk (I use Fairlife, 6g carbs per cup) blends into batters and fillings without clumping or separating. I pick based on what I'm using it in.

Can I cook it longer to make keto dulce de leche?

Yes, and I love this variation. I push it past the normal pull point by another 10-15 minutes until it darkens and develops deep caramel flavor. The catch: this only works with allulose. It's the only sugar free sweetener that actually caramelizes. Erythritol-based sweeteners won't do it. Reader JK Brown tested this in the microwave and confirmed it works that way too.

Why did mine turn grainy or crystallize?

I've run into this, and every time it was the sweetener. Erythritol-based sweeteners crystallize as they cool, which gives you a gritty texture. I switched to powdered allulose and the problem went away completely. If you've already made a grainy batch, try warming it gently and whisking until smooth, but the real fix is switching sweeteners.

Can I make this in the microwave?

I've had readers pull it off successfully. The key is using a wide dish (like an 8x8 glass pan) no more than one-third full. Microwave in 5-minute intervals, and stir carefully after each round to release superheated spots that can boil up on you. It works, but I still prefer the stovetop because I have more control over when to pull it.

Can I use granulated sugar free sweetener instead of powdered?

I don't recommend it. I've tried granulated sweeteners in this and some just won't dissolve, even with heat. You end up with a grainy texture that doesn't smooth out. Powdered sugar free sweetener dissolves cleanly into the cream. If you only have granulated on hand, pulse it in a blender or food processor first to powder it.

Is this the same as evaporated milk?

No. Evaporated milk is unsweetened with just the water cooked off. What I'm making here is the sweetened version, which is thicker, sweeter, and works as both a sweetener and a creamer in one. I use it specifically for that rich, syrupy quality that gives fudge and candy their texture.

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A bowl filled with sugar free sweetened condensed milk has a spoon rest on top.

What sweetened condensed milk is and why it matters for low carb baking

Sweetened condensed milk is a thick, syrupy version of milk where most of the water has been cooked off and sugar is added to thicken it further. I always describe it as a cheat code for desserts because it does the work of sugar and cream in one ingredient.

The traditional process removes about 60% of the water content, which concentrates the flavor and produces that smooth, caramel note from the heated sugars. That’s what makes it so useful in everything from pie fillings to candy. The problem is all that concentrated sugar, which is exactly what my sugar free version replaces.

The right pot makes a real difference

I use a heavy-bottomed saucepan every time. Thin pots create hot spots that scorch the cream and leave you with burnt chunks at the bottom. I learned that the hard way on my second batch.

Stainless steel or enamel-coated cast iron both work well. Skip aluminum or copper because the acid in the milk reacts with those surfaces and throws off the flavor. A 2-quart or 3-quart saucepan is the right size for this recipe.

A spoon dripping condensed milk over an rustic cup with a drip of syrup coming down the side.

How I know when to pull it off the stove

This is the question I get more than any other, and I understand why. It does not look thick in the pan. It looks too thin when you take it off the heat, and that’s exactly right.

I use the spoon test every time:

  1. Dip a spoon into the mixture.
  2. Run your finger across the back.
  3. If the line holds and doesn’t fill in, it’s done.

The other thing I watch for is volume. It should be roughly half of what you started with. Once it passes the spoon test, pull it immediately. The refrigerator does the rest of the thickening over about two hours. If you let it go too long on the stove, it gets dark and picks up a burnt edge that ruins the batch.

Recipes I use this in

I keep a jar of this in my fridge at all times because it shows up in so many of my recipes. It’s my shortcut ingredient for anything that needs sweetened cream without the carbs.

Here are the ones I make most often:

Ways to customize the flavor and texture

The base recipe is what I reach for 90% of the time, but I’ve played around with a few variations.

Deeper caramel notes

I add a tablespoon of brown sugar free sweetener (like Brown Swerve or Truvia Brown Sugar Replacement) alongside the allulose. A teaspoon of molasses works too if you want even more depth.

Thicker texture

It thickens on its own in the fridge, but if you need it thicker at room temperature (for spreading on coconut joys or dipping), I stir in a tablespoon of powdered milk after it comes off the heat.

How to make a dairy free version

I swap in a can of full-fat coconut milk for the cream and use ghee instead of butter. Same process: heat everything together, simmer until reduced, and chill.

  1. Combine coconut milk, sweetener, and ghee or vegan butter in a saucepan over medium heat.
  2. Simmer until it reduces and thickens, stirring occasionally.

The flavor has a subtle coconut note that works well in dairy free ice cream and tropical desserts. The consistency is slightly different from the cream version, but I’ve used it in the same recipes without any problems.

How long it keeps and how to store it

Refrigerator

I store mine in a mason jar with a tight lid. It keeps in the fridge for up to 2 weeks. It will thicken significantly as it chills, so when I pull it out for a recipe, I either warm it in a hot water bath or stir in a splash of warm water to loosen it up.

Since there are no preservatives, I keep an eye on it after the first week. If it smells off or changes color, I toss it.

Freezer

For longer storage, I freeze it in a labeled container for up to 3 months. I thaw it overnight in the refrigerator before using.

About the Author
Annie Lampella, Pharm.D.

Annie Lampella, Pharm.D.

Annie is a Doctor of Pharmacy, mom, and the recipe creator behind KetoFocus. With a B.S. in Genetics from UC Davis, she has over 14 years of experience developing family-friendly keto recipes based on the science of human metabolism.

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  1. T
    Tiffany May 1, 2026

    Made this with the ultra-filtered milk instead of cream because that's what I had, and it set up thinner but actually worked better in my ice cream base. Lighter mouthfeel, didn't compete with the other flavors. Cream version is probably richer, but this might be my go-to for anything layered.

  2. J
    Jasmine Apr 27, 2026

    I've lost count of how many batches of this I've made at this point, it's basically a standing item on my grocery list now, heavy cream every single week. The thing that gets me every time is watching it thicken in the pan, around the 20-minute mark when it starts to coat the spoon and you can see it's actually becoming something. I've stirred it into coffee and made fudge with it at least three times in the last month (also went into a pie filling somewhere in there). My last batch I let it go the full 30 minutes and it came out slightly caramel-toned and thicker, which I was not prepared for (in the best way). Chilled overnight in a mason jar it has that exact thick, pourable quality I remember from the regular stuff. I'm already planning my next excuse to make it.

  3. R
    Rita Apr 21, 2026

    Seven batches in, and switching to ultra-filtered whole milk is what finally got it right. Firmer set in the fridge, and it holds together as a fudge base in a way the cream version never did for me. Worth knowing: sweetener brand matters here. Lakanto powders finer than Swerve and the consistency shifts enough to notice. Four stars because figuring that out took a few rounds, but once it clicks, I can't imagine making keto fudge any other way.

    1. Annie Lampella
      Annie Lampella Apr 24, 2026

      Seven batches is actually pretty normal for this one. The Lakanto vs Swerve thing is real and I should make that clearer in the post.

  4. A
    Alicia Apr 19, 2026

    I'm planning to use this as the base for a keto fudge I'm bringing to a family thing next weekend, so I want to get ahead of it. If I make the condensed milk Thursday or Friday, will it hold up in the fridge until Saturday, or does it start to separate after a couple days? I've had it go grainy on me when I reheat cream-based things.

  5. M
    Mike Apr 18, 2026

    I've tried at least three other keto condensed milk recipes and they all came out thin and kind of watery. This one actually thickened up the way it's supposed to (I watched it change right around the 20 minute mark, it was kind of satisfying). Used it in a pie filling and it set up perfectly. The heavy cream is what the other recipes were missing, I'm pretty sure. Done experimenting.

    1. Annie Lampella
      Annie Lampella Apr 18, 2026

      That 20 minute moment is real. And you're right about the heavy cream, it's what makes this version hold up where the others don't. Try it in keto fudge next. Sets up the same way.

  6. C
    Christine Apr 17, 2026

    Made this into fudge for Easter and my son, who treats all my keto desserts with open skepticism, ate through half the batch before I could even portion it out. I showed him the ingredient list and he refused to believe three things could taste like that. He has been asking for it every week since, which is frankly the most annoying compliment I have ever received.

    1. Annie Lampella
      Annie Lampella Apr 22, 2026

      Ha, my kids have done the same thing. Three ingredients, full disbelief, now it's a weekly request. You did this to yourself.

  7. L
    Laura Apr 11, 2026

    Made this for a coconut cream pie over the weekend. My husband catches sweetener aftertaste every time and didn't say a word. Heavy cream version thickened up around 28 minutes, though I could've used a bit more to fill the whole pie.

    1. Annie Lampella
      Annie Lampella Apr 15, 2026

      Husband not catching it is everything. Allulose doesn't have that metallic finish that erythritol leaves behind, so it just reads as sweet.

  8. G
    Gina Mar 29, 2026

    I've never made anything like this before and wasn't totally sure what I was getting into when I started watching it simmer. Around the 20-minute mark it started thickening and I thought, okay, this is actually happening. Poured it into a mason jar. Solid by morning. Used it in a pie filling this weekend and my only regret is not making a double batch from the start.

    1. Annie Lampella
      Annie Lampella Apr 1, 2026

      Double batch, yeah. I go through a full jar just with pie filling. Try the keto fudge next.

  9. A
    Aaliyah Mar 23, 2026

    Worked great in fudge both times, but mine got grainy after a day in the fridge. Sweetener recrystallized, I think (just happens with these apparently). Would've been nice to know that before I spent 10pm second-guessing everything.

    1. Annie Lampella
      Annie Lampella Mar 26, 2026

      That's the erythritol crystallizing as it cools. Switch to powdered allulose and it stays smooth for days in the fridge. Should've had that note in the recipe.

  10. S
    Sonia Mar 19, 2026

    My daughter kept sneaking spoonfuls while it was cooling on the counter. By the time I went to pour it into the jar, half of it was gone. She had no idea it was sugar free.

    1. Annie Lampella
      Annie Lampella Mar 22, 2026

      She's not wrong though. Warm off the stove it's basically caramel. Half gone counts as a review.

  11. K
    Kristen Mar 15, 2026

    Making keto fudge for Easter and want to get ahead of it. If I make the condensed milk now and jar it up, will it last 4-5 days in the fridge, or does the heavy cream start to go off after a couple days? Don't want to pull it out and have it be unusable.

    1. Annie Lampella
      Annie Lampella Mar 16, 2026

      4-5 days is fine, probably longer. I've had mine in the fridge over a week with no issues. Pull it out 15 minutes before you need it, it firms up when cold.

  12. A
    Amber C. Mar 3, 2026

    This is probably my fifth batch and I think I finally cracked it (took me a while). The first few times I used heavy cream and it worked but came out so thick I had to thin it down when mixing it into things. Switched to the ultra-filtered milk and it's actually more versatile for me, mixes into batters without clumping or separating. I also started pulling mine at 28 minutes instead of 30 because it was getting a little darker at the edges on my stovetop and the texture was better slightly earlier. The other thing I noticed is it firms up a lot more in the fridge than it looks like it will in the pan, so if it seems a little loose when you pour it out that's probably fine. I keep a jar in the fridge now and pulled it out last week to make a fudge and it worked exactly like I hoped.

    1. Annie Lampella
      Annie Lampella Mar 5, 2026

      28 minutes makes sense if your edges are catching early. Stovetops vary more than I expected on this one. Ultra-filtered for batters, heavy cream when you need it to set thick fast. That's the split I use too.

  13. R
    Rachel Feb 25, 2026

    I used to make key lime pie every summer with a can of condensed milk and it was one of the first things I missed going keto. Tried this batch last week and it thickened up nicely at about 27 minutes. First key lime pie in two years is happening this weekend.

    1. Annie Lampella
      Annie Lampella Feb 26, 2026

      27 minutes is right in range. Key lime pie coming back after two years is a big deal. Post back after the weekend.

  14. R
    Renee Feb 21, 2026

    Made this last week for the first time and it came out really well, but I'm still not sure when to pull it. Mine went about 28 minutes, still looked pretty thin in the pan, then thickened up once it hit the fridge. Is that normal, or should it be visibly thickening on the stove before I take it off? Just want to know what to look for so I'm not standing there guessing next time.

    1. Annie Lampella
      Annie Lampella Feb 21, 2026

      That's normal. It won't look thick coming off the stove, the fridge finishes the job. On the stove you're just watching for volume reduction, roughly half of what you started with, and it should coat the back of a spoon. Run your finger across and if the line holds, pull it.

  15. M
    Marcus Feb 15, 2026

    Didn't think this would work but it did. Used the heavy cream version and it thickened up just like it's supposed to.

    1. Annie Lampella
      Annie Lampella Feb 15, 2026

      The cream version is way more forgiving. I use it for fudge because it thickens faster and doesn't need as much stirring.

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