
Keto Condensed Milk
Keto sweetened Condensed Milk is a very easy recipe and such a versatile ingredient that can be used in so many low carb desserts.
If you were anything like me, there was a fair bit of condensed milk consumption as a kid. Straight from the can, or making it into caramel and boiling for 3 hours. Haha!
This low carb condensed milk without sugar is a perfect replacement. To be honest you won’t even know the difference if you use the ingredients listed.
Related Sugar Free Recipes: Sugar Free Caramel Syrup / Easy Keto Milk
The Ingredients
Skip down to the recipe card to see the exact measures of ingredients needed to make your own sugar free sweetened condensed milk.

Keto Condensed Milk is super easy to make at home. It is suitable for a low carb, keto friendly diet. It is both sugar-free and gluten free.
All you need is 3 ingredients
Cream – I use a thickened or heavy whipping cream rather than pure thin cream.
Sweetener – I use xylitol. Allulose will caramelise and turn it into caramel. Other low carb sweeteners will recrystallise e.g. erythritol, monk fruit sweetener.
Butter – I just use regular salted butter.
How to make Sugar Free Condensed Milk

Step 1. Add the cream, butter, and sweetener to a small saucepan over medium heat. Bring to a boil then turn down to a simmer.

Step 2. Cook, stirring occasionally, for 40-50 minutes until mixture has begun to thicken. Cool and chill. The condensed milk will continue to thicken with chilling time.
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Frequently Asked Questions
Yes, you can! You can make keto condensed milk with no butter or dairy. Swap thickened cream with coconut cream and leave out butter or add some coconut butter. I find it tastes sweeter than this version but perfect for a dairy free low carb option.
I have kept mine up to 1 month in the fridge. In saying that it does depend on the temperature in the fridge and how often your fridge door is open (hello kiddos).
Some say yes, I say just keep it in the fridge. It can separate when taken back out of the freezer. It doesn’t freeze solid which makes it perfect for keto condensed milk ice cream and loads of frozen keto dessert recipes.
More Recipes To try
Here are just a few of my personal favourite keto sweet recipes. I will add more recipes using low carb condensed milk just so you have a few up your sleeve.
You can find a few recipes using this recipe in our A Christmas Gathering eBook. Great recipes like Keto Baileys, Keto Rum Balls, and an amazing Keto Cheesecake with condensed milk.

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Keto Condensed Milk
Equipment
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Ingredients
- 450 g (1.9 cups) thickened or heavy cream
- 140 g (0.75 cups) xylitol or allulose I use Xylitol, SEE NOTES
- 70 g (5 tbsp) butter cubed
Instructions
CONVENTIONAL METHOD
- Add the ingredients to a small saucepan over medium/high heat.
- Cook, stirring occasionally, for 40-50 minutes until mixture has begun to thicken. Cool and chill. The condensed milk will continue to thicken with chilling time.
THERMAL METHOD
- Insert whisk attachment. Add ingredients to mixer; cook 60 min/100℃/speed 2/MC off/simmering basket in place on lid. Cool and chill. The condensed milk will continue to thicken with chilling time.
Notes
Your Own Notes
Nutrition
78 responses to “Sugar Free Keto Condensed Milk”
Omg I just made this using allulose in the thermomix. It is the most perfect, almost chewy caramel texture after a night in the fridge that I reckon will be great for keto caramel slice or even beaten with cream for 2 ingredient scoopable caramel ice cream! Thanks for the note that allulose will caramelise! Just what I wanted.How good is it! Haha!
I had no idea it was this easy to make condensed milk and your version was so much better than the canned versionIt sure is Dennis.
I need a great sugar free condensed milk recipe for the holidays, and this recipe fits the bill. It turned out perfect.
Happy to help x
This is a really simple and delicious recipe for keto condensed milk. I made the vegan version with coconut cream and coconut butter and it turned out perfect.
That is so great to hear Kristina.
I ca’t believe I have never thought of making my own condensed milk! Pinned to make tomorrow, thank you so much for the recipe ๐You are very welcome.
This is not a recipe that I realized could be made keto. What a wonderful surprise! I cannot wait to try this!Enjoy!
Love baking with condensed milk for so many recipes during the holidays! This is great to have a keto version for when I need to sub out the regular kind.Glad you enjoyed it heather
We loved this Keto condensed milk so much! Used it to make Indian desserts and I will never make them with any other condensed milk. Thanks for this delicious recipe.I am so happy you know how to use it in so many interesting ways Heali
Love that this is free of sugar and still tastes amazing! The perfect substitute.It sure is
I truly didnโt realize this could be made sugar free. So fabulous!! Thank youHappy to help!
love how simple and easy this recipe is to make condensed milk at home! love that it’s sugar free too!It is so good isn’t it!
What a delicious and delightful keto condensed milk recipe. Perfect for my coffee and dessert while keeping the sugar lowSure is Nancy!
What a great idea to make your own condensed milk! Would not have thought that it is so easy! Thanks for the great recipe!You are very welcome
I loved how easy this keto condensed milk was to make. I made it for a recipe I was gifting to a friend on keto and she was so happy!yay!
Wow, I never knew you could make keto condensed milk. What a life-saver of a recipe! I’ll definitely be recommending this recipe to my Keto friends.Enjoy!
This was a great way to make up your own condensed milk at home. Great that it’s a keto recipe too for those that follow this diet.yay!
It is so good Sharon
Have made this a couple of times following the recipe exactly – both times the ‘condensed milk’ set hard….. would love to know why and how to fix…????
What sweetener did you use? It might be that or just over cooking.
Hi! I can’t wait to try this Keto Condensed Milk! What I love about this is it’s a low carb dessert! Which makes it more amazing. Thanks and Merry Christmas!:)So many options with homemade condensed milk Jerika.
Love that this is sugar free! Such a great recipe!You are welcome Andrea
Hi Megan,
can I use Whipping cream instead of thickened cream?
You sure can Cristina
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