I do think there is a big difference in making your own bacon and buying chemical injected flavors and additives. Yes, adding salt, pink salt, pepper, brown sugar, molasses, or mustard to a bacon rub earlier in the preparation stage, but you might be adding the same ingredients to a dish when it is on your plate. Smoking is a preservation/flavoring technique, jury still out whether either is worse for carcinogens. But I do the same for homemade pastrami and ribs.
Perhaps we all have our favorite definition of "processed".