Amalgamation of "shit" and "meat",
animal tissue engineered in a petri dish, sponsored by
PETA, supposedly with the
aim of replacing meat for consumption.
"Shmeat is such a horrible
name, it sounds like what you get when you cross shit and meat." -- cdog, offalgood.
com article comment
"If it looks like an egg
yolk made of blood, it's shmeat"