The term molasses (from Greek word 'meli' meaning honey) is referred specifically to the final effluent obtained as a thick byproduct in the preparation of sucrose by repeated evaporation, crystallization and centrifugation of sugarcane or sugar beet juice etc. There are various sources of molasses such as sugar cane, sugar beet, starch, maize, sweet sorghum and citrus juice etc that are rich source of carbohydrates. Such carbohydrates can be consumed by a large number of microorganisms to produce various products. Generally molasses obtained after sugar recovery contains about 40-55% total fermentable sugars. Molasses is a cheap source of fermentable sugar that in addition to sugar also contains a number of other important nutrients. Other advantages of molasses are that they are by-products, thereby prices are not politically controlled and sugars in molasses can be easily utilized by most of the microorganisms.