Condensed milk refers to milk that has had a portion of the water removed to concentrate it. It is typically richer than fresh milk, and it may have sugar added. Condensed milk may be made from any type of milk or non-dairy milk, though special care may need to be taken when concentrating non-dairy versions.
Evaporated milk edit
Also called unsweetened condensed milk, evaporated milk is fresh milk concentrated by the removal of about 50% of the original water content. It is typically sold in cans or small cartons. It varies from 0.5% fat to 8% fat, depending on whether whole milk or skim milk was used to make it.
Sweetened condensed milk edit
Sweetened condensed milk is similar to evaporated milk, but it contains a high added sugar content (about 40-50%). This makes it much thicker and sweeter than evaporated milk. Many recipes that specify condensed milk may actually mean sweetened condensed milk—be sure to verify which version is called for by a given recipe.
Condensed milk can be used to make many desserts and candies.