I guess I should expect a food named “Honey Nut Cheerios” to contain “Natural Almond Flavor” and actual nuts. But whodathunk that natural almond flavor is made from peach pits.
Most “natural almond flavor” comes from the pits of peaches and apricots, which are a waste product when those fruits get processed. Peaches and apricots are relatives of almonds, and some people who are allergic to almonds are also allergic to these fruits.
Source: Here’s Why Honey Nut Cheerios Don’t Contain Nuts – Consumerist