Top French government officials and food industry leaders held a meeting to try to get a handle on a Europe-wide horsemeat crisis that has ensnared French company Comigel.
Following the talks, French junior minister for consumer goods, Benoit Hamon, said that an investigation was taking place to compile an inventory of Comigel's clients who have been affected by the scandal.
He said he expected that a list of tainted products would be known "within 24 hours".
Hamon said that the French government did not believe that products containing horsemeat posed a health risk, but that they were still waiting for the "final results" of sample tests.
"What is at stake is a crisis of another type, it is whether there is an economic fraud," he said.
French junior minister for the food industry, Guillaume Garot, who was also at Monday's meeting, said that "sanctions will be imposed, either on grounds of negligence, or on grounds of mistake, of fraud. But we will be strict."
Re-tracing the path of the mislabelled meat will take time.