Malted grain is used to make beer; whisky; malted shakes; malt vinegar; confections such as Maltesers and Whoppers; flavored drinks such as Horlicks, Ovaltine and Milo; and some baked goods, such as malt loaf, bagels and rich tea biscuits. Malted grain that has been ground into a coarse meal is known as sweet meal.alting is the process of converting barley or other cereal grains into malt, for use in brewing, distilling, or in foods and takes place in a maltings, sometimes called a malthouse, or a malting floor.