Malted Milk Powder is made from sprouted barley that has been kiln dried and ground into a sweet flavored powder. Malted milk powder is made by combining powdered milk with malt. The product is used to make malt flavored drinks as well as a flavoring ingredient in baked goods.
This form of malt powder contains active enzymes not found in malted milk powder. These enzymes aid in breaking down starches into sugars helping breads using flour that does not include malted barley (like whole wheat) to obtain a better rise and a better texture.
If you need a substitute for non-diastatic malted milk powder use:
Regular malted milk powder can be found in most well-stocked grocery store. Carnation is a commonly-found brand. Look for Diastatic Malt Powder in stores that specialize in baking supplies. Both can be found on Amazon.com: Malted Milk Powder
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Wheat flour and malted barley extracts, dry whole milk, sucrose, salt and sodium bicarbonate.
King Arthur Diastatic Malt Powder: Unbleached enriched flour (wheat flour malted barley flour, niacin, reduced iron, thiamin mononitrate, riboflavin and folic acid) malted barley flour, cane sugar.