Processed meats and red meats are linked to colorectal cancer. I believe it's something like 70% of CRC cases can be traced back to red/processed meat consumption.
>In 2007, the World Cancer Research Fund (WCRF) stated that there is convincing evidence linking the consumption of red and processed meat with the development of colorectal cancer (CRC). The WCRF further stated that the public should limit their intake of red meat to below 500 g per week, and avoid processed meat entirely. A further update from the WCRF emphasized that no safe level of processed meat could confidently be attributed to a lack of risk.
Excerpt from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6893523/