Condensed milk is a sweetened and thickened milk originally created to extend the shelf life of surplus milk. Fresh cow's milk is partially evaporated to increase its shelf stability and concentrate its flavor then mixed with cane sugar. Condensed milk is sweet, rich, and dense with concentrated milk flavor. It is popular as an ingredient, topping, spread, and sweetener. Add it to your drinks, desserts, and baked goods or use it as a spread for toast or dipping fresh fruit.