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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.
you cannot substitute condensed milk for evaporated milk. They are 2 different products. Condensed milk is very very sweet and thick and is usually used in combination or inst â¦ ead of sugar in a recipe plus other reasons. Evaporated milk like reg. milk is used as a liquid only in a recipe.