If you’re a sane person, then peanut butter is probably one of your guilty pleasures – I know it’s one of mine. But, when we’re on a ketogenic diet, we can’t always grab it by the spoonful to lick it off as a snack because of the carb count. Every once in a while, though, I get a huge craving for peanut butter and have to make something that’ll combat it. So, since I’ve been on a smoothie/milkshake stint lately, I decided to put together something I know you’d all love.
You can also sub out any nut butter you prefer for the peanut butter in this recipe. Caramel goes well with the flavor profile for almost every type of nut out there – so do your finest! If you want to use almond butter, macadamia nut butter, or some other form of delicious nut butter, be my guest – it’ll all work and it’ll all be fantastic. Just make sure you save some for me 🙂
If you want to see the other milkshakes and smoothies that have been posted, check them out:
- Blueberry Banana Bread Smoothie
- McKeto Strawberry Milkshake
- Cucumber Spinach Smoothie
- Blackberry Chocolate Shake
Really, I could eat peanut butter for breakfast, lunch, dinner, or a snack at pretty much any time of the day. It’s creamy, homey, and takes me back to my childhood. So, instead of making this into a full serving sized recipe, I broke it up into 2 servings and made in snack-sized for a decadent little treat between lunch and dinner. I chose to garnish with a little bit of cocoa powder, purely for aesthetics. I like the taste of it when it was mixed in, but it certainly doesn’t have to be part of your shake – it tastes delicious on its own.
P.S. I got a lot of questions about what type of coconut milk I’m using. I use the “So Delicious” brand of coconut milk in the carton. The unsweetened type will be in a green and white carton, normally find near the other milks in the grocery store.
Yields 1 serving of Peanut Butter Caramel Milkshake
The Preparation
- 7 large ice cubes
- 1 cup unsweetened carton coconut milk
- 2 tablespoons peanut butter
- 2 tablespoons sugar-free salted caramel syrup, such as Torani
- 1/4 teaspoon xanthan gum
- 1 tablespoon mct oil
The Execution
1. In a blender, add 7 Ice Cubes, 1 cup Coconut Milk, 2 tbsp. Peanut Butter, 2 tbsp. SF Torani Salted Caramel, 1/4 tsp. Xanthan Gum, and 1 tbsp. MCT Oil. I’m using a Ninja Blender with Mini Ninja Attachment.
2. Blend everything together for 1-2 minutes or until consistency is where you want it. It should be slightly thickened with a nice hint of crushed ice running through it.
3. Pour it into a glass and serve! I broke this into 2 snack-sized servings with a small sprinkle of cocoa powder on top for presentation.
This makes a total of 1 serving of Peanut Butter & Caramel Milkshake. The serving comes out to be 360 calories, 33.6g fats, 4.5g net carbs, and 8.1g protein.
| NUTRITION | CALORIES | FAT | CARBS | FIBER | NET CARBS | PROTEIN |
| 7 large ice cubes | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 cup unsweetened carton coconut milk | 45 | 4 | 0 | 0 | 0 | 0 |
| 2 tablespoon peanut butter | 190 | 16.1 | 6.5 | 1.9 | 4.5 | 8.1 |
| 2 tablespoon sugar-free salted caramel syrup | 0 | 0 | 0 | 0 | 0 | 0 |
| 1/4 teaspoon xanthan gum | 4 | 0 | 0.9 | 0.9 | 0 | 0 |
| 1 tablespoon mct oil | 122 | 13.5 | 0 | 0 | 0 | 0 |
| Totals | 360 | 33.6 | 7.4 | 2.9 | 4.5 | 8.1 |

Peanut Butter & Caramel Milkshake
Ingredients
- 7 large ice cubes
- 1 cup unsweetened carton coconut milk
- 2 tablespoon peanut butter
- 2 tablespoon sugar-free salted caramel syrup such as Torani
- ¼ teaspoon xanthan gum
- 1 tablespoon mct oil
Instructions
- Add all ingredients to a blender. Pictured is the Ninja Blender with the Mini Ninja attachment.
- Blend together for 1–2 minutes or until desired consistency is reached. It should be slightly thickened, with a nice hint of crushed ice running through it.
- Pour into a glass and serve!




