List of Powdered Milk Substitutes
Since, you use powdered milk as a substitute for regular milk, the original one can indeed make for the best substitute for powdered milk. Thus, regular milk should be your first choice when you are looking for substitutions for powdered milk. However, you have to be extra careful about the proportion of the regular milk. Also, regular milk can be a feasible option for only those powdered milk recipes that demand water as well. The recommended ratio of regular milk and dry milk powder (d.m.p) is as given below.
1 cup d.m.p + 4 cup water = 4 cup milk
½ cup d.m.p + 2 cup water = 2 cup milk
¼ cup d.m.p + 1 cup water = 1 cup milk
1 tbsp d.m.p + ¾ cup water= ¾ cup water (as the recipe only calls for water to make milk)
Coconut Milk Powder
Coconut milk can substitute for regular milk for many recipes. Likewise, you can also use coconut milk powder for powdered milk. However, do not mistake coconut milk powder with desiccated coconut, which is very different. Coconut milk powder is made by spray-drying coconut milk or coconut cream. It is best suited for baked recipes or meat or fish recipes. Coconut milk forms an indispensable ingredient of many South Asian recipes. Coconut milk powder works just as fine for any of these recipes. The proportion of coconut milk powder that you are going to use as substitute, should be equal to that of powdered milk.