Coconut milk and coconut cream are both versatile ingredients used in a variety of dishes, but their different consistencies and fat contents make them better suited for different types of recipes. Coconut Milk How to make? Coconut milk is made by blending coconut flesh with water and then straining the mixture. It is a liquid with a creamy white appearance and a slightly sweet and nutty flavor. Coconut milk is often used in curries, soups, and desserts.