No. This product is not soy free as it lists 2 ingredients that contain soy.

Is M&M's Peanut Butter Soy Free?

No. This product is not soy free as it lists 2 ingredients that contain soy.
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Description

Small coated confections combine a sweet exterior with a creamy, slightly salty center; texture ranges from smooth to occasionally crunchy when containing bits. Consumers commonly eat them as quick snacks, in party bowls, or as baking mix-ins. Reviews often note consistent flavor but occasional crushed pieces during shipping and packaging.

Ingredients

Milk Chocolate (sugar, Cocoa Butter, Chocolate, Skim Milk, Milkfat, Lactose, Peanuts, Soy Lecithin, Salt, Artificial And Natural Flavors), Sugar, Peanut Butter (partially Defatted Peanuts, Palm Oil), Hydrogenated Palm Kernel Oil, Cornstarch, Dextrose, Less Than 1% - Corn Syrup, Natural Flavor, Salt, Dextrin, Coloring (includes Blue 1 Lake, Red 40, Yellow 6, Yellow 5, Blue 1, Red 40 Lake, Yellow 6 Lake, Yellow 5 Lake, Blue 2 Lake, Blue 2), Carnauba Wax, Propyl Gallate To Maintain Freshness, Gum Acacia. Contains Peanuts, Milk And Soy. May Contain Tree Nuts.

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Soy Free? M&M's Peanut Butter | Spoonful