Milk, cream, sugar, nonfat milk powder, stabilizer (locust bean gum, guar gum, standardized with sugar), marshmallows (tapioca syrup, cane sugar, water, tapioca starch, carrageenan, soy protein, natural vanilla flavor), blue color (spirulina extract for color [made up of invert sugar syrup, citric acid]), cotton candy flavor (propylene glycol, alcohol)