Sweetened condensed milk being poured from a small jug
The Best Way To Substitute Sweetened Condensed Milk
The easiest substitute for sweetened condensed milk is cream of coconut, which has a comparable texture and depth of flavor.
Cream of coconut is rich, sweet, and creamy with a distinct nuttiness that will alter a dish's flavor profile. Still, it's the most convenient way to substitute condensed milk.
However, the only way to mimic sweetened condensed milk's unique flavor is by making your own. Luckily, it's easy to make using staple ingredients that you likely have already.
Slowly simmer ¾ of a cup of sugar and 2 cups of milk, and customize it with vanilla or other baking spices. The reduction process will take around 45 minutes.