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Keto Condensed Milk

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This easy keto condensed milk is smooth, creamy, and completely sugar-free. Ready in minutes with just three ingredients, it’s perfect for low-carb desserts like fudge, pies, and cookies.

Pouring keto condensed milk in a jar.

We often need sugar-free condensed milk for different keto recipes, but finding a truly keto-approved condensed milk in stores is nearly impossible. So why not make your own at home? This homemade keto condensed milk comes together quickly with simple, healthy ingredients in just three easy steps.

With its creamy texture and gentle sweetness, this sugar-free condensed milk is a must-have for any low-carb kitchen. It’s less sweet than traditional condensed milk, making it perfect for coffee, tea, hot chocolate, or indulgent desserts like keto tres leches cake.

keto sugar free sweetend condensed milk lowcarbspark 2

Keto Condensed Milk Video Tutorial

Is Condensed Milk Keto?

Definitely not. Regular condensed milk contains about 165 grams of net carbs per cup because it’s made with large amounts of sugar and full-fat milk.

The good news is you can make homemade low-carb condensed milk that tastes very similar to the traditional version and works in a variety of recipes. This keto-friendly alternative has a thick, sticky texture and a perfectly balanced sweetness, making it an excellent substitute in your favorite desserts and drinks.

It’s important to note that regular condensed milk, sweetened condensed milk, and coconut condensed milk from the store are not keto-friendly options.

keto sugar free sweetend condensed milk lowcarbspark 4 scaled

Ingredients For This Keto Condensed Milk

You only need three simple ingredients — all of which you probably already have in your pantry — to make this rich and creamy keto condensed milk.

Overhead shot of keto condensed milk ingredients
  • Heavy Cream – This is the base of the recipe, so be sure to use full-fat heavy cream. Half-and-half or milk alternatives won’t work because condensed milk requires a high-fat content to achieve the right texture. If you prefer, you can make keto condensed coconut milk by substituting full-fat canned coconut milk.
  • Butter – Use unsalted butter for the best flavor. Make sure it’s at room temperature so it blends smoothly with the cream.
  • Sweetener – For the best taste and texture, use a powdered keto sweetener like allulose or powdered monk fruit sweetener. These dissolve easily into the cream, preventing lumps and giving a smooth finish.

How To Make Keto Sweetened Condensed Milk

Once you see how quick and simple it is to make condensed milk at home, you’ll want to keep a batch on hand all the time. Here’s how to do it:

Step-by-step process of making keto condensed milk, from heating heavy cream, adding butter and sweetener, simmering until thick, to pouring the creamy sugar-free condensed milk into a glass jar with a gold spoon.
  1. Heat the Cream – Add the heavy cream to a medium saucepan and bring it to a gentle boil over medium heat, stirring occasionally.
  2. Add Butter and Sweetener – Stir in the butter and your powdered sweetener (such as allulose or monk fruit). Continue stirring until the butter is fully melted and the sweetener dissolves.
  3. Simmer and Thicken – Reduce the heat to low and let the mixture simmer gently, stirring occasionally, until it thickens to a creamy, condensed consistency.
  4. Cool and Store – Pour your keto condensed milk into a clean glass jar. Let it cool to room temperature, then refrigerate until ready to use.
keto condensed milk step by step instructions-3

Tip: The condensed milk will thicken even more as it cools. If it becomes too thick after chilling, simply warm it slightly and stir before using.

Tips for Making Keto Condensed Milk

  • Use medium heat – Cooking over high heat can cause the cream to burn before it thickens. Keep it at medium and be patient.
  • Sift your sweetener – This helps prevent a sandy texture and keeps lumps from forming.
  • Stir often – Whisk or stir regularly while cooking to avoid scorching the cream.
  • Adjust thickness – If your condensed milk is too thin, simply cook it a bit longer until it reaches the desired consistency.
  • Sweeten to taste – Add extra sweetener if you prefer a sweeter flavor.
  • Try a brown sugar substitute – For a richer, caramel-like taste, use a sugar-free brown sweetener such as brown monk fruit or brown allulose.

How Can I Use This Keto Condensed Milk

This keto condensed milk is extremely versatile, and can be used for many recipes that call for regular condensed milk. Here are some great ideas:

keto sugar-free sweetend condensed milk lowcarbspark 5

Can I Make Instant Pot Keto Condensed Milk?

Yes! If you want to save time, making condensed milk in the Instant Pot is a quick and convenient option.

  1. Start with the Sauté Function – Select the sauté setting on your Instant Pot. Add the heavy cream and bring it to a gentle boil, stirring occasionally.
  2. Thicken the Cream – Let it boil for about 10 minutes, stirring often, until it begins to reduce and thicken slightly.
  3. Add Butter and Sweetener – Stir in the butter and powdered sweetener (such as allulose or monk fruit). Continue cooking on sauté for another 20 minutes, or until the mixture thickens further.
  4. Cool and Store – Don’t worry if it still seems a little thin; it will continue to thicken as it cools. Transfer to a glass jar and refrigerate.

Tip: Stir frequently during cooking to prevent scorching, as the Instant Pot’s sauté function can get quite hot.

Drizzling keto condensed milk from a spoon back into the jar

Storing Ideas 

  • Fridge – Store your keto condensed milk in a clean, airtight glass jar in the refrigerator for up to 1 week. Give it a quick stir before using, as it may thicken while chilled.
  • Freezer – You can also freeze keto condensed milk for longer storage. Place it in an airtight container, leaving a little space at the top for expansion, and freeze for up to 1 month. Thaw in the refrigerator overnight and stir well before using.
  • Reheating & Restoring Texture – If your condensed milk becomes too thick after chilling or freezing, warm it gently in a saucepan over low heat or in the microwave for a few seconds. Stir well until smooth and creamy again.
Gold spoon scooping creamy sugar-free condensed milk from a jar

Keto Condensed Milk

5 from 16 votes

Cook Time 15 minutes
Servings 12 servings
Author Ioana Borcea from LowCarbSpark.com

Description
 

This keto condensed milk is super creamy and easy to make with just 3 ingredients. It’s the best low carb keto condensed milk that’s sugar-free and can be used in tons of keto desserts.

Ingredients
 
 

Instructions
 

  • Place a medium saucepan over medium heat and pour in the heavy cream. Bring it to a gentle boil, stirring occasionally.
    how to make Keto Condensed Milk
  • Reduce the heat to low, then add the butter and powdered sweetener (such as allulose or monk fruit). Stir until the butter is melted and the sweetener is fully dissolved.
    how to make Keto Condensed Milk2
  • Continue simmering for 15–20 minutes, stirring constantly, until the mixture reduces by about half and thickens to a creamy consistency.
    how to make Keto Condensed Milk
  • Remove from the heat and let it cool to room temperature. Transfer to a clean jar and store in the refrigerator for up to 1 week.
    how to make Keto Condensed Milk

Video

Notes

If you divide that into standard portions for sweetened condensed milk:
  • 1 tablespoon (15 ml) = ~16 servings per batch
  • 2 tablespoons (30 ml) = ~8 servings per batch
Net Carbs: ~0 g (allulose and monk fruit are non-impact sweeteners)
Nutrition Facts
Amount per serving.
Calories
169kcal
Total Carbs
1g
Net Carbs
1g
Protein
1g
Fat
18g
Fiber
Sugar
1g

How do we calculate the nutrition info?

These nutrition facts listed are determined using nutrition information from the USDA Food Database. Our nutrition facts are accurate, but if you are using different products, please make your calculations. Net carb count is calculated by subtracting both fiber and sugar alcohols because they don’t raise blood sugar.

Course Dessert
Cuisine American
Keyword keto condensed milk
Tried this recipe?Mention @LowCarbSpark or tag #LowCarbSpark!

Ioana

Ioana is a food and travel lover. Her greatest passion is developing mouthwatering recipes that are comforting, easy to make, and budget friendly! She firmly believes that cooking should be fun! About me...

5 from 16 votes (10 ratings without comment)

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Recipe Rating




8 comments
  1. 5 stars
    Can you post or email me a recipe for key lime pie, using this sweetened condensed milk, egg yolks and your graham cracker crust. Here is my non keto recipe:
    Beat 4or 5 large egg yolks
    Add in 1/4cup lime juice, mix
    Add 14 ounce can sweetened cond. milk. Mix
    Pour into a graham cracker crust
    Cook at 350° for 12 minutes.
    Thank you, bob

    1. I haven’t created a keto version of the Key Lime Pie using your exact regular recipe, but I’ve got a keto Key Lime Pie recipe that’s even easier to make and just as delicious. For the crust, you can use the keto graham cracker recipe from my blog. However, I’m all about keeping recipes simple and accessible to everyone. This approach means you can easily find the ingredients and enjoy making (and eating!) this delicious dessert without any hassle.

  2. 5 stars
    Thank you so much for this knowledgeable recipe. This is what I’ve been searching for, for a long time.

    1. I’m so glad you enjoyed it! That makes me so happy to hear. Thank you for trying the keto condensed milk recipe and sharing your feedback – it really means a lot!

  3. 5 stars
    Oh my! This is amazing. Thank you for a great recipe. Delicious. It almost didn’t make it to the dessert I was making! Merry Christmas!


About me

Hello! My name is Ioana Diaconu, and I'm here to provide you with mouthwatering recipes. This blog is all about sharing my favorite tested easy to make, delicious low-carb & keto, nutrient-dense recipes.

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