Eh, such products minimize the waste of things that would otherwise be thrown away and lost. Us humans have been processing the scraps and leftovers of our food into other edible products for as long as we can remember - Waste not, Want not.
The problem is the disconnect modern urbanites have from their food and not knowing how it gets made. If you like deli ham eat it! (in moderation as all things should be), it’s not all that different in processing than a hot dog, sausage, or hamburger. Or even cheese…