What are the health benefits of olive oil, and why does it cost so much?  

Will olive oil prices rise? Due to weather volatility, Walls is unsure if olive oil prices will climb or fall.  

"Although some experts predicted that olive harvests in 2023 would see some improvement, no significant developments were made," he says.  

"The long-term effects of climate change on olive production remain a concern, while rising global demand for olive oil, particularly from health-conscious consumers, might also continue to put pressure on prices."  

Health advantages of olive oil  

Olive oil is a fundamental component of the Mediterranean diet due to its many health advantages, thus its significant price rise is bad for consumers.  

Olive oil is a heart-healthy lipid with antioxidants and anti-inflammation.  

"Extra virgin olive oil is rich in monounsaturated fats, known to lower ‘bad’ LDL cholesterol and raise ‘good’ HDL cholesterol, promoting heart health," Walls says.  

This natural source of antioxidants fights free radicals that harm cells and cause health problems. Studies suggest olive oil may help arthritis and inflammatory bowel illness due to its anti-inflammatory qualities."  

According to subsequent studies, olive oil may increase cognitive function, particularly memory.If you looked at a store olive oil shelf recently, prices may have increased from a year ago.  

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