the (low) possibility of mad cow always lurks in my mind when discussing things like this. I have a deep fear of prions.
The much more common scenario is the use of growth hormones in cows - to the point that pro athletes traveling/competing in Central and South America are instructed to avoid beef altogether as they later test positive in their drug tests for anabolic steroids.
I personally opt for meat over vegetarian options when given the choice to make sure I get sufficient protein (I do track and I struggle to get enough when eating vegetarian) but I still would vastly prefer more meat alternatives. I'm always very impressed by the Beyond options and I'm glad it's very slowly becoming more mainstream. I remember the first time I'd had an Impossible Burger was in San francisco about 10 years ago - a group of friends and I were talking about this "crazy meatless burger that still feels/tastes like meat" and we searched out a restaurant that offered it. The fact that national fast food chains are offering it now is indicative of the progress being made in society and normalizing the meatless alternatives.