Brother I don't know what to tell you. Chick'n, Bac'n, Be'ef etc. are well-known vegan susbtitutes for the pun'd meats. Most of them explicitly say they're vegan on the box. That's not shrinkflation, you just didn't read the package.
My Brother in Christ I don't know why anyone would assume Bac'n bits are not made of Bacon...
I am reading the container it says
Bac'n Pieces BACON FLAVORED BITS Great Bacon Flavor! artificially flavored
There's no fruit in Froot Loops.
There's no crab in Krab sticks.
There's no cream in Krispy Kreme.
There's no vanilla in Nilla Wafers.
There's no mayonnaise in Just Mayo.
There's no lemon in Country Time Lemonade mix.
There are no truffles in most truffle oil.
There's no Wasabia japonica in most of wasabi.