2 Ingredient Caramel Sauce

This post may contain affiliate links. If you make a purchase after clicking a link, I may earn a small commission AT NO COST TO YOU. As an Amazon Affiliate, I earn from qualifying purchases.

In under 10 minutes of kitchen time, you can put this easy 2 ingredient caramel sauce together. It is rich, versatile, and tastes absolutely incredible.

Best of all, you can make it ahead of time and store it to use in your culinary creations all throughout the holiday season too!

I love drizzling it over my banana bread, or cut fruit like apples and bananas, ice cream, cinnamon rolls, and other baked goodies!

Ingredients For the 2 Ingredient Caramel Sauce Recipe

Caramel candy: Caramel candy melts perfectly and turns into this delicious, concentrated caramel sauce. You can find these caramel candies at almost all grocery (and candy) stores.

Evaporated milk: Some evaporated milk to adjust the consistency of the sauce and add the creaminess to the mixture. Be sure not to confuse this with sweetened condensed milk.

Salt: This is optional and a little goes a long way. The salt will help round out the sweetness of the sauce and remove any ‘sharp’ sweetness tones in the sauce.

**EAZYTIP: Oil, salt, pepper, garlic powder and other common seasonings are not counted in the ingredient list because most home kitchens have these ingredients in their cupboards.

How to Make Caramel Sauce

1. Heat the evaporated milk and caramel candy in a saucepan.
2. Mix everything and cook until caramel candy melts.
3. Use for your recipes.

***** Be sure to check the printable recipe card below for the exact ingredient amounts and instructions to make this sauce perfect every time.

Tips & Variations for this 2 Ingredient Caramel Sauce Recipe

• Make sure you use a good quality heavy bottomed pan to melt the caramel candy. I would recommend using a non-stick pan for best results.
• Also remember to keep the heat low when you’re melting the candy, and keep stirring the mixture consistently so it doesn’t end up burning.
• You can also bring a bit of variation to this 2 ingredient caramel recipe by adding some instant espresso powder into the mix.
• To bring that delicious and indulgent salted caramel flavor, you can also add some smoked sea salt.
• Another great idea is to add a dash of vanilla extract or a sprinkle of cinnamon powder into the caramel sauce.

How to Serve the Caramel Sauce

This caramel sauce is actually super versatile. You can drizzle it over your baked goodies like brownies, cupcakes, muffins, pies and practically any other sweet treat that needs a bit of extra deliciousness.

I love using it with my 3 ingredient strawberry pancakes and my all time favorite cinnamon roll apple pie cups.

In fact, you can also drizzle them over your classic cinnamon rolls and your seasonal dump cake to elevate their flavors.

The sweetness of the caramel sauce makes it a beautiful drizzle over your freshly cut fruits, a bowl of vanilla ice cream and even on a fruit parfait.

You can also mix some of it into your cold coffee, top it over the whipped cream or sneak it into a cold brew.

Storage Ideas & Suggestions

You can make this 2 ingredient caramel sauce in a batch and refrigerate it for up to a week if not more.

Just make sure you use a clean glass container with an airtight lid to store it.

Remember that the caramel sauce will thicken and possibly even solidify as it cools down, but you can easily get it to the right consistency by reheating it in the microwave.

This 2 ingredient caramel sauce is perfect to make in a big batch and use as a homemade gift for the holidays too. Pour it into small jars, put on the lid and finish it up with a festive ribbon!

Questions and Answers

1. Can I use sweetened condensed milk instead of evaporated milk?
   You can, but I advise against it. The sweetened condensed milk is very sweet, and when mixed with the sweet caramels, the sauce could become overly sweet and not enjoyable.
2. My sauce isn’t very thick. What did I do wrong?
   Try reheating the sauce and cooking it a little longer to help reduce it and help it thicken up.

Did you try making this 2 Ingredient Caramel Sauce Recipe? If so, I’d love to hear what you thought of it. Did you add a bit of salt to it? Let me know in the comments below!