A cementitious composition including at least one cementitious and/or pozzolanic material and at least one desugared molasses. A method of preparing a cementitious composition including forming a mixture of water, at least one cementitious and/or pozzolanic material and at least one desugared molasses. An admixture for cementitious compositions including: (i) at least one desugared molasses; and (ii) at least one alkanolamine and/or at least one polyhydroxyalkylamine.