This easy homemade condensed milk only has 2 ingredients and is super easy to make. It’s also gluten-free, ultra-creamy, and thick, and can be used in so many different recipes!
Combine the milk and the sugar in a saucepan. Gently bring the mixture to an almost-boil, stirring continuously to help the sugar dissolve.
Reduce the heat and simmer for about 35-40 minutes. There's no need to stir anymore.
You’ll know it’s ready when the mixture has reduced by around half and has slightly darkened in color. It will also be of a thicker consistency - it will become thick syrupy milk.
Let the condensed milk cool completely at room temperature. Then transfer it to an airtight glass container. Note: the condensed milk will thicken further once it is placed in the fridge.
How to Store
Fridge: Homemade condensed milk can be stored In the fridge for up to about a week.Freezer: You could also freeze it for about 3 months. Just bring it to room temperature before using or thaw in the refrigerator overnight. If needed, whisk to a smooth consistency.
Notes
Simmering on low heat is very important so that the milk doesn’t curdle.
Using full-fat milk gives the condensed milk a nice thick consistency, just like store-bought.
You can add some vanilla extract for a sweeter flavor if you want. You could also make this condensed milk exotic by adding some rose extract!
You can also add some butter (unsalted or even salted). It will make the condensed milk so rich and silky and will enhance the flavor.
You can make an excellent vegan and dairy-free version with full-fat coconut milk. I’ve already shared the steps on how to make coconut condensed milk here. Alternatively, you can use your favorite nut milk.
Instead of cane sugar, you could use the following sweeteners: coconut sugar, maple syrup, honey, agave. Keep in mind, though, that the flavor and color of the condensed milk may be slightly different, depending on which sweetener you use. Also, keep in mind that the sweetener needs to be able to caramelize, so substitutes like xylitol will not work for this recipe.