A food grade antioxidant and a baked food flavorant is isolated from roasted wheat malt containing bran. The germinated wheat is roasted until the malt's naturally occurring enzymes are substantially destroyed. The roasted wheat malt is milled into fine particles that may be physically separated into a fraction that is primarily homogeneous bran particles and into a fraction that is primarily heterogeneous endosperm and germ particles. The bran fraction is useful as a food flavorant and the endosperm and germ fraction may be used directly as an antioxidant for oils and fats, or foods, pharmaceuticals and cosmetics containing oils and/or fats or the antioxidant may be chemically extracted. The milled homogeneous bran and heterogeneous endosperm and germ particles may be recombined in customized proportions and thus used as a dually functional food ingredient.

 
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