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No Bake Peanut Butter Fudge

This is hands down the best 2 ingredient peanut butter fudge recipe you will ever make, and it all has to do with one small trick to get the perfect fudge consistency.

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overhead plate with pieces of peanut butter fudge

You need just 2 ingredients to put this easy peanut butter fudge together, and the perfect texture all comes down to one super simple trick.

Use sweetened condensed milk! Using a can of sweetened condensed milk brings a caramelized and rich flavor to the fudge with very little work.

And, with the addition of peanut butter chips, you have the perfect combination of creamy, rich, milky fudge!

The peanut butter fudge melts to a perfect consistency every time, so you don’t have a tough or too-hard-to-eat fudge.

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Quick and Easy 2 Ingredient Peanut Butter Fudge

This no cook peanut butter fudge is the ultimate dessert if you don’t like spending a lot of time in the kitchen. It requires minimal prep work, and best of all, you don’t have to bake it!

Why You’ll Love this Easy Peanut Butter Fudge Recipe

  • So rich and creamy
  • Just 2 ingredients
  • No confectioners sugar
  • No baking required
  • Can be made in the microwave
  • Only 5 minutes of prep
  • Ready to enjoy in just 2 hours

What You’ll Need for this Easy Peanut Butter Fudge Recipe

  • Sweetened condensed milk — 1 can
  • Peanut butter chips
ingredients to make peanut butter fudge

How to make Peanut Butter Fudge with Sweetened Condensed Milk

A full printable version of this recipe with ingredient measurements is available at the bottom of this post.

STEP ONE: Line an 8×8-inch baking dish with parchment paper and set aside.

ingredients in container

STEP TWO: Next, combine the peanut butter chips and sweetened condensed milk together and melt until smooth.

You can do so in a saucepan over medium-low heat on the stovetop, or in a large microwave bowl at 30-second increments. 

pouring fudge mixture into pan

STEP THREE: Spread your no bake peanut butter fudge without confectioners sugar into the prepared dish and allow it to chill in the fridge for at least 2 hours. 

STEP FOUR: Slice into squares and serve!

sliced peanut butter fudge

Tips for making perfect No Bake Peanut Butter Fudge

Making fudge could be considered an art form — like most baked goods!

While you don’t need to load up on a lot of unnecessary ingredients (hello, no bake peanut butter fudge without confectioners sugar), you do need to make sure that the fudge mixture is fully melted and smooth before adding it to the baking dish to cool.

Your no cook peanut butter fudge should be smooth and firm to the touch, but easy to slice and bite into. 

peanut butter fudge with bite out of it

Peanut Butter Fudge No Bake Substitutions

Absolutely! That’s what this 2 ingredient peanut butter fudge with condensed milk recipe is all about.

Some recipes will tell you that you can’t replace the evaporated milk, but after some trial and error, I was able to determine that yes, you can. 

stack of peanut butter fudge

How to store No Bake Peanut Butter Fudge

You’ll have to allow your 2 ingredient no bake peanut butter fudge to set in the fridge.

I also recommend storing it in the refrigerator as well — when stored properly, it will keep for up to 1 week!

Freezing Peanut Butter Fudge with Sweetened Condensed Milk

If you want to make a double batch to freeze for later, you can do that too. Make sure to place it in an airtight freezer-safe container first.

It will keep in the freezer for up to 2 months. Allow it to thaw overnight before serving.

sideview of peanut butter fudge

Peanut Butter Fudge Condensed Milk FAQS

What Causes No Bake Peanut Butter Fudge Not To Harden?

You could end up with mushy 2 ingredient no bake peanut butter fudge if you don’t melt the peanut butter chips and condensed milk enough.
Remember: you want the mixture to be completely smooth. If you leave a few unmelted chips in there it won’t harden the way you want it to.
Make sure to check it before you pour it into the baking dish to set!

Other Peanut Butter Recipes You’ll Love:

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Yield: 16 servings

Peanut Butter Fudge (2 Ingredients)

overhead plate with pieces of peanut butter fudge

No bake peanut butter fudge is indulgent and easy to make! You’ll only need two simple ingredients: peanut butter chips and condensed milk.

Prep Time 5 minutes
Cook Time 5 minutes
Chill Time 2 hours
Total Time 2 hours 10 minutes

Ingredients

  • 1 - 14 ounce can sweetened condensed milk
  • 12 ounce peanut butter chips

Instructions

  1. Line an 8x8 baking dish with parchment paper, set aside.
  2. Melt together the baking chips and sweetened condensed milk until smooth (this can be done on medium low heat on the stove top, or in the microwave in a large bowl in 30 second intervals).
  3. Spread the mixture evenly into the prepared dish.
  4. Allow to chill in the refrigerator at least 2 hours, then slice into squares.

Nutrition Information:

Yield:

16

Serving Size:

1

Amount Per Serving: Calories: 220Total Fat: 9gSaturated Fat: 5gTrans Fat: 0gUnsaturated Fat: 4gCholesterol: 12mgSodium: 96mgCarbohydrates: 28gFiber: 1gSugar: 26gProtein: 7g

This nutrition information is based on the exact products I used in this recipe. Brands and sizes of products could alter exact nutrition and should always be calculated independently.

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samantha

About Samantha

I’ve always had a love of cooking and creating new recipes, so it only made sense to create a food blog so I could share those recipes with you. This site is designed to provide easy and flavorful recipes with as little ingredients as possible. That means you still get great flavor combinations without all that extra time and effort. Read more...

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