Products based on Milo are available, such as cereal, yoghurt and ice cream. In addition to the powdered form, there is a pre-mixed version of Milo that comes in cans or drink boxes.
Milo has been made into a chocolate bar, manufactured by Nestlé and sold in New Zealand, Australia, Malaysia, Indonesia, Singapore, Thailand and South Africa.
Milo has been available for many years in a malted flavour, marketed in a brown can (discontinued in Australia in May 2015) alongside the traditional green tin.
In Australia, a new version of Milo called Milo B-Smart was released in 2008 (the original and malt Milo varieties remain); which is of a finer texture and has added B vitamins and iodine. It has a different taste from the original Milo formula and is marketed as a health food for children.
Nestlé Philippines released Milo R2, a Milo drink formulated for athletes and working adults; however in 2016, the name was changed to Milo NutriUp. In Japan, Milo is marketed as a canned energy drink, available in vending machines.
In some regions, a Milo branded cereal is produced. It consists of a crunchy crescent moon-shaped flake of dark brown colour. These flakes are flavoured to match Nestlé's Milo powdered drink. The flakes also have the property of flavouring the milk. In Asia, Milo cereal is shaped into crunchy balls about 0.5" in diameter. This is to contrast with an existing cereal also shaped like a hollow half moon marketed as Koko Krunch.