The invention provides a compound beverage made from
cordyceps militaris, corn and peanuts. The beverage product is obtained by the following steps: preparing a
cordyceps militaris residue
hydrolysate, conducting early-stage treatment on the corn, conducting early-stage treatment on the peanuts, conducting pulping, conducting gelatinization and
liquefaction on the corn pulp, conducting blending, conducting homogenization, and conducting sterilization and checking. According to the invention, the beverage has a unique
flavor compounding flavors of the
cordyceps militaris, the corn and the peanuts. The beverage is milk yellow, fragrant, sweet and tasty, and is homogeneous in texture. The beverage has an
emulsion appearance, has no deposition or
delamination phenomena but a small amount of deposition is allowed after a long-time preservation, and a small amount of fat floats on
bottle walls. For the compound beverage,
protein content is more than 1%, and content of soluble
solid is 10% or above, and
fat content is 1% or above, and content of total
sugar (on glucose basis) is 6-12%.