Some people use these words interchangeably, but there is a big difference between pomegranate concentrate, pomegranate syrup and pomegranate molasses. Pomegranate concentrate is basically pomegranate juice that has been reduced to a thick, syrup-like consistency, about 50% reduction in volume. There is no sugar added to pomegranate concentrate. Pomegranate syrup is pomegranate juice mixed in with sugar and then slowly reduced down into a syrup consistency. Pomegranate molasses is pomegranate syrup that has been reduced and thickened even more.