Sweetened condensed milk is a thick, creamy product made by removing most of the water from regular milk and adding sugar. This process results in a rich, sweet liquid that is often used in desserts, coffee, and various recipes. It has a long shelf life, making it a popular pantry staple. Commonly found in many cuisines, sweetened condensed milk is a key ingredient in treats like fudge, ice cream, and key lime pie. It can also be used as a sweetener in beverages, providing a unique flavor and texture that enhances many dishes.