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Cream of Coconut: Cream of Coconut works well as a sweetened condensed milk alternative, and can offer a wonderful tropical flavor to your desserts. Substitute it for sweetened condensed milk using a 1:1 ratio. Do not confuse this with Coconut Cream, Cream of Coconut is much sweeter, and sold in separate cans. Look for brands such as Coco Lopez, Roland, Coco Real, or Goya.
1 Coconut milk can replace evaporated milk or heavy cream in soups and stews. 2  You can also make your own heavy cream with 1/2 cup plain milk substitute and 1/2 cup canola oil. 3  Dairy and lactose free half-and-half substitutes work well in many recipes.ilk Options. If a recipe calls for 1 cup of cow's milk, you can replace it with lactose-free cow's milk or rice or soy milk. Just remember: Rice milk is thinner and soy milk is thicker than cow's milk.