AVPlayer takes too much memory when playing AVComposition with multiple videos

I am creating an AVComposition and using it with an AVPlayer. The player works fine and doesn't consume much memory when I do not set playerItem.videoComposition. Here is the code that works without excessive memory usage:

func configurePlayer(composition: AVMutableComposition, videoComposition: AVVideoComposition) {
    player.pause()
    player.replaceCurrentItem(with: nil)
    
    let playerItem = AVPlayerItem(asset: composition)
    player.play()

}

However, when I add playerItem.videoComposition = videoComposition, as in the code below, the memory usage becomes excessive:

func configurePlayer(composition: AVMutableComposition, videoComposition: AVVideoComposition) {
    player.pause()
    player.replaceCurrentItem(with: nil)
    
    let playerItem = AVPlayerItem(asset: composition)
    playerItem.videoComposition = videoComposition
    player.play()
}

Issue Details:

The memory usage seems to depend on the number of video tracks in the composition, rather than their duration. For instance, two videos of 30 minutes each consume less memory than 40 videos of just 2 seconds each.

The excessive memory usage is showing up in the Other Processes section of Xcode's debug panel.

For reference, 42 videos, each less than 30 seconds, are using around 1.4 GB of memory.

I'm struggling to understand why adding videoComposition causes such high memory consumption, especially since it happens even when no layer instructions are applied. Any insights on how to address this would be greatly appreciated. Before After

I initially thought the problem might be due to having too many layer instructions in the video composition, but this doesn't seem to be the case. Even when I set a videoComposition without any layer instructions, the memory consumption remains high.