noun
luxury grocery item; indulgence item
Refers to non-essential consumables enjoyed for pleasure rather than nutrition, such as alcohol, coffee, tea, tobacco, and sweets. Often used in economic or lifestyle contexts.
嗜好品にかけるお金を減らすことにした。
I decided to cut back on spending on luxury items like alcohol and coffee.
嗜好品の値上げが家計に響く。
The price hike on indulgence items affects the household budget.
Compound of 嗜好 (しこう, 'taste, liking') and 品 (ひん, 'goods, article'). The term is a straightforward Sino-Japanese compound.