Do you have sweetened condensed milk and peanut butter? If so, I've got an easy no bake dessert for you! This 2 Ingredient Peanut Butter Fudge is made with two simple ingredients and ready in no time! The best part is, there's no need to use a candy thermometer, this fudge recipe could not be easier to make!
If you love fudge, be sure to check out my easy hot cocoa fudge too!

There are lots of different ways to make fudge out there. Some have vanilla frosting or cream cheese frosting in it, some take a long time to boil sugar over the stove, but this one is my favorite. Just two ingredients, about five minutes of cooking, and then chill time. If you are looking for an easy dessert, look no further than this easy fudge recipe!
Make this delicious fudge recipe on special occasions, or when you need a sweet treat! Pair this 2 ingredient fudge recipe with Christmas fudge, white chocolate peppermint fudge, or peanut butter and jam thumbprints over the holidays for a delicious spread or with 2 ingredient Lemon Bars on your next special occasion! You can also add this strawberry icebox cake or 3 ingredient strawberry fluff dip on a dessert bar with this fudge!
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Ingredients in 2 Ingredient Peanut Butter Fudge
- Sweetened Condensed Milk. This can be found your local grocery store in the baking aisle.
- Smooth Peanut Butter. Use your favorite peanut butter brand. I like natural peanut butter best, but you can use whatever type of peanut butter you have on hand. If you are using natural peanut butter, make sure to stir it well so there is no separation and the oil is incorporated well.

How To Make 2 Ingredient Peanut Butter Fudge
Like an 8x8 baking pan with parchment paper. Set that aside.
In a saucepan, add the sweetened condensed milk and the peanut butter. Turn the heat on medium-low heat and mix until the fudge mixture is fully mixed together and heated through. Make sure to stay close to the stove as the fudge will burn easily.
Once the mixture is melted together, pour mixture into the prepared baking dish.
After the fudge has cooled to room temperature, refrigerate the fudge for at least 3 hours or until it hardens. This is still a softer fudge, so it will not be rock hard.
After the fudge has hardened, lift it out of the baking dish. With a sharp knife, cut the fudge into small pieces. Serve immediately.



Variations
- Add chocolate! Add white chocolate chips or semi-sweet chocolate chips for a chocolate peanut butter fudge recipe!
- Use crunchy peanut butter! To add some texture to this easy peanut butter fudge and to amp up the peanut butter flavor, use crunchy peanut butter and then top the fudge with salted peanuts. Yum!
- Double the recipe! If you are making a lot of fudge, feel free to double the recipe and use a 9x13 inch pan instead of an 8x8 inch pan.
Storage Tips
After the fudge is cut into squares and place the leftover fudge in an airtight container. Keep it refrigerated up to 4 days.
If you are giving this fudge away as a gift during the holiday season, line an airtight container with wax paper and place the fudge in the container. If possible, try not to stack the fudge as this fudge is soft.
You can also freeze this two-ingredient peanut butter fudge recipe! Place the fudge in a freezer safe container and freeze for up to 3 months. To defrost, take the fudge out of the freezer and place it in the refrigerator.

Frequently Asked Questions
Sure! This homemade fudge is very versatile! Substitute the peanut butter with almond butter, cashew butter, or even sunflower seed butter if you would like! Those would both be delicious!
Yes! Add the sweetened condensed milk and peanut butter to a microwave-safe bowl and microwave on high for 1 minutes. Give the ingredients a good stire and then microwave again for 1 minute. Keep doing that until the mixture is melted together.
Feel free to add your favorite toppings! You can crush Oreos, chocolate chip cookies, pretzels, or even potato chips and add them to the top of this fudge! Mini chocolate chips or mini M&Ms would be great too!

More Easy Recipes
Did you make this recipe and love it?
If you did, don't forget to leave a 5-star review below! Show me your creation on Instagram or Facebook. Just mention @Lynn'sWayofLife or use this hashtag #lynnswayoflife.
📖 Recipe

2 Ingredient Peanut Butter Fudge
Equipment
Ingredients
- 14 oz Sweetened Condensed Milk 1 can
- 2 cups Peanut Butter Your favorite brand
Instructions
- Line an 8x8 baking pan with parchment paper. Set that aside.
- In a saucepan, add the sweetened condensed milk and the peanut butter. Turn the heat on medium-low heat and mix until the fudge mixture is fully mixed together and heated through. Make sure to stay close to the stove as the fudge will burn easily. Do not let it boil.
- Once the mixture is melted together, pour mixture into the prepared baking dish.
- After the fudge has cooled to room temperature, refrigerate the fudge for at least 3 hours or until it hardens.
- Once the fudge has hardened, lift it out of the baking dish. With a sharp knife, cut the fudge into small pieces.
Milo says
The fudge turned out great! So easy to make too! Will definitely make again.
Word of warning for those with induction burners: this happens FAST. Mine began crusting at the bottom of the pan at around 30-40 seconds, while constantly mixing, at the lowest temperature my induction burner will go! Thankfully it didn’t burn, but you definitely need to be on your toes!
Lynn Polito says
Great tip! Thanks for making my recipe!
Jade says
I can't believe how easy this recipe is! Love that there's no added sugar and it's as simple as mixing together two common ingredients. Going to try it with some chocolate mixed in next time too!
Lynn Polito says
So happy you enjoyed it!
Liah says
I made this recipe yesterday, and I love it! I really am a fan of recipes like this since it's so easy to make. Since I'm a chocolate lover, I also added bits of chocolate chips and I loved it even more! Thank you for this!
Lynn Polito says
I love that idea! Thanks for making my recipe!
Jessa says
I made these when I needed a sweet fix in a hurry. SO easy to prepare! And I only needed two ingredients. Great recipe! Thanks!
Lynn Polito says
Thanks for making my recipe!
Emmeline says
As a busy mom, I'm always looking for simple yet delicious treats to make. This peanut butter fudge is a hit with my family, and I love how quick and easy it is to prepare. thank you!!!
Lynn Polito says
So happy to hear that!
Carol says
I tried making this recipe and it was winner. No-fuss, with just 2 simple ingredients. The best part? No candy thermometer needed! Quick, easy, and delicious.
Lynn Polito says
I am so happy you enjoyed them!
Elena says
Can peanut butter fudge be in refrigerator?
Lynn Polito says
Yes!
Judy Wood says
I made peanut butter fudge with sweetened condensed milk and c
Jif extra crunchy peanut butter. It was very chewy and oily and not very sweet. What did I do wrong? I heated it on low and it didn't melt. It was about to burn so I took it off the heat. I added a few marshmallows to sweeten it, but it didn't work.
Lynn Polito says
I am sorry it didn't work for you! The extra crunchy peanut butter may have been the issue since it is super crunchy. f you try it with smooth peanut butter it will work.
Rhonda Schauer says
wow! So very good!
Lynn Polito says
So glad you enjoyed them!
Jaime says
I use cookie butter. Lol It's awesome 🧡
Blondie says
Can you add pecans or walnuts just before pouring into pan to set. Need nuts with sweet.
Lynn Polito says
Definitely! You can add the nuts once you pour the fudge into the pan too. Totally up to you.
Bre says
so good!!
lynnswayoflife says
It's a favorite!