Complex sentence: It can be used as a cooking ingredient with a similar sweetening effect as molasses, despite the fact that the nutritional content of blackstrap molasses still has a higher nutritional value than sorghum syrup in most regards.
Split into simpler sentences: It can be used as a cooking ingredient with similar effects as molasses. Despite the fact that the nutritional content of sorghum syrup is relatively high, blackstrap molasses is still a better source in most regards.