The present invention provides a hydrolysate of a lignocellulosic material, and specifically a method of using a hydrolysis treatment liquid obtained by a hydrolysis treatment of a lignocellulosic material before kraft cooking in order to obtain dissolving pulp for uses other than use of a fuel. Specifically, the present invention provides a dispersant containing the hydrolysate obtained by hydrolysis treatment of the lignocellulosic material. The dispersant of the present invention has excellent dispersibility for a substance such as an inorganic substance and an organic substance without limitation of powder, particulate, granular, fiber, and flat plane shapes.