The comparison table

FeatureAerobicAnaerobic (humans)Anaerobic (yeast)
Oxygen needed?YesNoNo
Equationglucose + oxygen → CO₂ + waterglucose → lactic acidglucose → ethanol + CO₂
Energy releasedLarge amountSmall amountSmall amount
Glucose breakdownCompleteIncompleteIncomplete
WhereMitochondriaCytoplasmCytoplasm

Why anaerobic releases less energy

In anaerobic respiration, glucose is only partially broken down. The products (lactic acid or ethanol) still contain significant amounts of chemical energy locked in their bonds. In aerobic respiration, glucose is completely broken down to carbon dioxide and water, which contain much less stored energy. Therefore aerobic respiration releases more of the original energy from each glucose molecule.

This is why aerobic respiration is the preferred pathway: it extracts far more energy per glucose molecule. Anaerobic respiration is a short-term supplement used only when oxygen is insufficient.

When each type occurs

Aerobic respiration occurs continuously in all living cells that have access to oxygen. It is the primary energy source for most organisms most of the time.

Anaerobic respiration occurs when oxygen supply is limited: in human muscles during intense exercise when blood cannot deliver oxygen fast enough; in yeast in sealed containers during fermentation; in waterlogged soil where plant roots have limited oxygen; and in bacteria in anaerobic environments.

In muscles, both aerobic and anaerobic respiration occur simultaneously during vigorous exercise: anaerobic does not switch on while aerobic switches off.