Carnation Condensed Milk is a terrific shortcut for making your favourite sweets because it is sweet and has a delectably creamy flavour. made with just two components: natural sugar and fresh whole milk. There are a tonne of desserts you can prepare with sweetened condensed milk, like Millionaire's Shortbread, Ultimate Fudge, Banoffee Pie, and Strawberry Cheesecake, to name a few.