For those who follow a vegan lifestyle like I do, finding alternatives to traditional dairy ingredients can be challenging.

However, there are plenty of plant-based substitutes available that not only taste delicious but are also healthier and more sustainable.

One such ingredient is condensed milk, often used in baking and desserts.

A person is lifting a spoon of vegan condensed milk.

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Why I love this
Ingredients
Instructions
Tips
Variations
Storage and shelf life
Related recipes
📖 Recipe
Comments

As a specialized milk recipe, condensed milk is the secret ingredient in several recipes, and finding vegan alternatives for this opens up the possibilities for many more vegan recipes!

If you're looking to make your vegan condensed milk at home, here's a simple recipe that you can try.

In 2017, I made this condensed milk with full-fat coconut milk and sugar.

It turned out very well, and I used it in many Indian vegan desserts like carrot halwa, badam halwa, semiya payasam, vegan ice cream, etc.

But today, I came up with a new and better variation with cashews. The main difference is that I used raw cashews in addition to plant-based milk.

The result is a rich, creamy, and indulgent condensed milk that is perfect for all your baking needs.

Why I love this

I know what I put in it as opposed to store-bought condensed milk that has a lot of additives.
No need for preservatives like store-bought regular condensed milk.
Cost-effective and healthier alternative to store-bought vegan condensed milk.
Use for baking or as a sweetener to coffee and tea.
This is the best vegan alternative.

Ingredients

Raw cashews (soaked in water for at least 2 hours)
Vegan Sugar
Oatmilk

See the recipe card for a list of ingredients and quantities plus recipe instructions. You can find the recipe card at the bottom of this post.

Instructions

Drain the soaked cashews and add them to a blender.

Cashews and oat milk being blended together.

Blend until smooth, adding small amounts of oat milk as needed to help with the blending process.

A pan is full of blended cashews and sugar.

In a medium saucepan, add the cashew mixture and sugar.

Cook on medium heat for about 10 minutes, stirring constantly until the sugar has dissolved completely.

Reduce the flame to low heat and let it simmer for another 10 minutes, stirring continuously. This will help thicken the mixture and give it a smooth, creamy texture.

Let the condensed milk cool to room temperature before transferring it to an airtight container or a mason jar. Store in the refrigerator for up to 2 weeks.

Tips

You can adjust the amount of sugar according to your preference. If you like your condensed milk on the sweeter side, feel free to add more sugar.
For a nut-free option, you can use full-fat coconut milk instead of cashews.
This condensed milk can also be used as a vegan substitute for sweetened condensed milk in traditional recipes.

Variations

Sugar: You can use any type of sugar, such as vegan white sugar, brown sugar, or coconut sugar. Just remember that the type of sugar used will affect the color and flavor of the condensed milk.

Flavorings: For a touch of flavor, you can add vanilla extract, maple syrup, or other extracts like almond or coconut to the mixture while cooking.

Cashews: Coconut milk or cream is a good substitute for cashews if you have a nut allergy.

Other milk options: You can also use other non-dairy milk like almond milk, soy milk, or coconut milk instead of oat milk.

Storage and shelf life

Storing your homemade vegan condensed milk properly is crucial to maintain its freshness and quality.

Once it has cooled down completely, pour the condensed milk into a clean, airtight glass jar or container.

Seal the container tightly to prevent any air or moisture from getting in. Refrigerate immediately to preserve the taste and extend its shelf life.

Your homemade vegan condensed milk should last up to two weeks when stored in the refrigerator. Please note that it will thicken slightly when chilled, which is completely normal.

If the condensed milk develops an off smell, changes color, or shows signs of mold, discard it immediately. Always use a clean spoon when using the condensed milk to maintain its freshness.