I think the distinction between "processed food" and "ready food" is important here. Not all processed foods are bad - I am not paid to say this, but after doing a lot of preliminary research into Huel some 3 years ago, I've lived off it for weeks at a time when time-constrained or lazy. I usually feel better overall for it (fuller, prolonged energy), which for me, meant less snacking.

On account of the higher carbs, I can't speak so much to their "instant meals", but the powders are a pretty even split of carbs/fats/protein, with the black powder being primarily protein for a slightly higher cost.