Ingredients: Water, sugar, nonfat dry milk (treated with a lactic acid culture), natural and artificial flavors, peach juice concentrate, lactic acid, soy fiber, citric acid, and sodium citrate.Storage conditions: Store in a cool place.A beverage to rule them all. This popular non-carbonated Japanese Calpico--possibly the greatest Japanese drink out there--is smooth, creamy, and has a little tang. White peach flavor might be the flavor that hooks you for good.