Consumable (noun)

1. A product that is intended to be used up or consumed, such as food, fuel, or supplies.
2. A product that can be used up or consumed over time and needs to be replaced.

Origin:

From the latin consumere, meaning "to use up".

Examples:

1. Food and beverages are typical examples of consumables.
2. The office supplies are considered as consumables.
3. The company sells both durable and consumable goods.
4. The printer ink is a consumable item that needs to be replaced regularly.
5. The consumable goods are goods that are intended to be used up.