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That is a very rudimentary understanding of the system that doesn't always pan out in a particular time frame or due to external factors.
It's not rudimentary, it's a complex system reduced to a few sentences.
Vegan patties have been around forever.
There aren't significantly more barriers to entry for food products than other industries.
Yes vendors want high prices, but that applies to any product, not only vegan products.
The answer is, as everyone else has pointed out, economies of scale. There's a larger market with more participants producing more beef burgers than there are vegan patties.
Economies of scale affects the costs to the manufacturer. Competition/demand affect the price to the consumer.
Correct. That's precisely why producers of meat patties can still be profitable at a much lower price point.