The difference between alcohol fermentation and lactic acid fermentation is lactic acid fermentation produces lactate, and alcohol fermentation produces ethanol.
Fermentation is the metabolic process in which sugars are broken down anaerobically. This condition means in absence of oxygen.
The fermentation pathway is still related with cellular respiration process but there is an extra reaction after Glycolysis. It happens as you are making bread, beer, and doing exercise too hard.
There are 2 types of fermentation, lactic acid fermentation and alcohol fermentation.
Both of names, origin from the byproduct produced.
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