The world around you is rife with people pushing the quality of goods to the point the market will accept, and then moving the market to accept even worse.
Because fundamentally, morals don’t exist in a market. They are imposed.
And good / bad are subjective. People buy cheap protein. This will be cheap protein.
And even if it is tasteless, texture less and nothing any human will call meat, it will sell as long as it’s opportunity cost is lower than the alternative.
I think the whole point of GP is that lab grown meat makes it cheaper to produce much higher quality meat. That would actually mean at every price point, you get better quality than you do today. Your comment comes off as aimless pessimism rather than anything actually related to this thread.
It seems like your argument is "if there are lots of companies making fake meat it will be bad" but that doesn't make much sense to me on the surface.