Lag happening during Zoom meeting while using virtual camera app but not laggy for default camera

Steps to Reproduce:
1. Open the Zoom app.
2. Start a new meeting.
3. During the Meeting switch from Default Camera to any Virtual camera from the available Cameras
4. Observe the meeting performance when the virtual camera is selected

Current behavior:
Lag happening during Zoom meeting while using the virtual camera application but not laggy for the default camera

N.B: CPU usage rises to 134% when the lag happens. Please check the attachment [Caphost-CPU.png].

Expected behavior:
The Zoom meeting should run without any lag when running with the virtual camera application.

Test Environment Specification:
macOS Monterey 12.6.3
MacBook Pro (14-inch, 2021)
Chip: Apple M1 Max
Memory: 64 GB