The invention mainly relates to the technical field of cultivation, and discloses a fermented milk replacer for lambs. The fermented milk replacer is made from the following raw materials of corn flour, wheat flour, whole milk powder, nostoc punctiforme, dunaliella salina, aloe, tea plant flowers, chimonanthus salicifolius, propolis, a coix seed extract, a soybean extract, lumbricus protein, lactic acid bacteria, dry red peppers and bay leaves. The fermented milk replacer is special for lambs of 1-20 days old, and is used for complementing intensity differences of the lambs when being born, enhancing disease resistance, and enabling the survival rate of the lambs to be notably increased, and the survival rate of the lambs can reach 100%; the milk replacer is rich in raw materials and balanced in nutrients, and soluble dietary fibers and health care components can be provided; after fermentation through the lactic acid bacteria, micromolecular nutrient components can be increased; and the fermented milk replacer is fresh, fragrant, rich, sourish and palatable, the mutton smell of mutton can be reduced, the functions of a digestive system are strengthened, the absorption and the utilization are promoted, the metabolism is promoted, the disease resistance is strengthened, the weariness is alleviated, the lambs can grow vigorously, the skin and the hair of the lambs are smooth, the attack rate is reduced to 2%, and the economic returns of breeding peasant households are increased to 12.7%.