The fact is it's completely unnecessary. We don't need meat and we waste far too many resources rearing cattle and other animals just to kill and eat them.
To continue down your slippery slope, you'll find the only proper way to live is to revert to the woods and live as a hunter-gatherer society.
Where you chose to draw the line is just as arbitrary as where the OP chooses to draw the line. To claim yourself as morally superior is ridiculous.
Not growing meat? The big disadvantage to that would be we'd no longer be able to enjoy the taste of meat and the farmers would probably need to find something else to farm.
1. Not only does everything die, many things naturally die as food. Being a victim of carnivores is a perfectly normal thing in nature. So even if you don't feel comfortable justifying killing animals in general with "everything dies," it should certainly justify killing animals for food. (BTW, my understanding is that halal- or kosher-certified meats are slaughtered very humanely/painlessly, so if you're worried about suffering and not death, sticking to those isn't a bad choice.)
2. Although things happen in nature, that doesn't mean they're not cruel, and as humans, we have the option of being more humane than nature. While many early humans would also have starved, frozen to death, or been eaten alive, we think it's pretty not great for modern-day humans to be subject to such a fate and we often think it's a moral obligation for society to prevent that from happening. So why should we not also save animals from their fate in nature instead of perpetuating it?
That being said there are quicker and better ways of taking an animals life, the quicker and less painful the better. I will categorically state that for me how they live is more important than how they die. I don't agree with many of the practices in the production of chicken, pigs, cows, and yes even farmed fish and generally try to avoid them.