Cheetos lip balm is a product that was launched by Frito-Lay in 2005. The ingredients of the lip balm are listed on the packaging and include Paraffinum Liquidum, Polyisobutene, Ethylhexly Palmitate, Ozokerite, Cera Alba, Microcrystalline Wax, Ricinus Communis Seed Oil, Aroma, and Phenoxyethanol. However, according to one source, the lip balm was made with natural ingredients, including coconut oil, beeswax, and orange and lemon essential oils.

Positive aspects of the product are not mentioned in the search results. However, negative reviews and the products failure to catch on with consumers suggest that it was not well-received.

In terms of materials, the lip balm is made with a combination of waxes, oils, and other ingredients, as listed above.