Water, cheese (pasteurized milk, cheese cultures, salt, enzymes), whey, soybean oil, modified food starch, less than 2% sodium phosphate, salt, red bell peppers, lactic acid, green bell peppers, jalapeno peppers, xanthan gum, sorbic acid (as a preservative), nacho seasoning (chili pepper, spices, dehydrated onion and garlic, paprika, natural flavor, malto dextrin), annatto color.