An apparatus and method for identifying one or more fluid products flowing within a pipe are provided having a flow meter mounted on the pipe and a processing unit. The flow meter has a plurality of sensors operable to detect vortical disturbances flowing with the fluid products and acoustic waves propagating through the fluid. The sensors produce signals indicative of the vortical disturbances and acoustic waves. The processing unit is operable to determine the speed of sound and volumetric flow rate of the one or more fluid products using the signals from the flow meter. The processing unit includes a database having speed of sound data for a predetermined group of products. The processing unit is operable to identify the type of each product flowing within the pipe given a temperature and pressure value of the products within the pipe.