Peak Evaporated Milk 6pcs (5.4oz/170g) 6 count Evaporated milk, known in some countries as “unsweetened condensed milk”, is a shelf-stable canned cow’s milk product where about 60% of the water has been removed from fresh milk. It differs from sweetened condensed milk, which contains added sugar. The production process involves the evaporation of 60% of the water from the milk, followed by homogenization, canning, and heat-sterilization.