Sodium and potassium nitrates - a staple ingredient for any home cook.

'This isn't bacon" ingredients:

Soy Protein Concentrate (22%), Soy Protein Isolate (7%), Flavouring, Pea Protein Isolate (4%), Vegetable Extracts (Radish, Carrot, Paprika), Potato Starch, Salt, Rapeseed Oil, Maltodextrin, Iron, Vitamin B12.

Not a particularly perplexing list of ingredients. Pea protein isolate is essentially blended peas that are filtered to remove the fibre and carbs. A fairly innocent process.

Meat substitutes are never branded as 'vegan meat', 'vegan beef' or whatever, if you read the label. It's just convenient to refer to it that way in conversation.

Bacon and other processed meats are linked with colon cancer, so I'm not sure I would consider it this super non-processed harmless food that you seem to think it is.

I don't think meat substitutes are any more processed than the other crap in our diets and I sincerely doubt it's any worse for you than bacon.