I've had these fake-patties and they're good, I've gone to burger king and it's more than good enough. But then again, when I go to the supermarket these are still too expensive compared to regular meat and the flavor profile is not as good. So I they would have to come up with a really killer product, but how can that happen when adoption is so slow? They are not going to get money to really improve things to the required level to dominate the market.
In this regard, I think anyone who was hoping for plant-based meat to replace meat was being a little naïve. Imo, the solution to phasing out meats should come more in incentivising proper vegetarian/vegan meal plans, restaurants, etc. Probably through education plans on the benefits and the right ways to approach plant-heavy diets as well as tax incentives and so on.
But... do we even want to phase out meat? I think for a large majority of people the answer is no and so we end up with products like "beyond meat". I think vegans are right, ethically and politically but in many cases it is very difficult for us to admit how wrong we are and it really doesn't help when the counterpart comes off as morally superior. There needs to be humility but at the same time, this is not a problem we can really ignore.
I think our societies are addicted to meat and so the solution to our meat problem should be the same kind of solutions we apply when we have systemic addiction problems. Education, rehabilitation, support. It's difficult for us to admit that we do have a problem, and being such a systemic world-wide scale problem... well, yeah, it's almost impossible.