This idiom can be culturally sensitive; what's common in one culture might be disliked in another. While spicy food is a delight in India, one man's meat is another man's poison; it may be too much for some from other countries.
Pro Tip 2/3
Subjectivity
The phrase stresses how personal taste is subjective and not a universal truth. He loves abstract art, but one man's meat is another man's poison; I just don't get it.
Pro Tip 3/3
Conflict Avoidance
Use this phrase to diffuse disagreements about preferences politely. I understand you dislike this music, but one man's meat is another man's poison, so let's change it.