diff --git a/server/src/main/java/org/opensearch/search/aggregations/bucket/terms/MultiTermsAggregator.java b/server/src/main/java/org/opensearch/search/aggregations/bucket/terms/MultiTermsAggregator.java
index 59f48bd7fbaba..d97d59db2ee42 100644
--- a/server/src/main/java/org/opensearch/search/aggregations/bucket/terms/MultiTermsAggregator.java
+++ b/server/src/main/java/org/opensearch/search/aggregations/bucket/terms/MultiTermsAggregator.java
@@ -33,6 +33,7 @@
 import org.opensearch.search.aggregations.InternalAggregation;
 import org.opensearch.search.aggregations.InternalOrder;
 import org.opensearch.search.aggregations.LeafBucketCollector;
+import org.opensearch.search.aggregations.bucket.BucketsAggregator;
 import org.opensearch.search.aggregations.bucket.DeferableBucketAggregator;
 import org.opensearch.search.aggregations.bucket.LocalBucketCountThresholds;
 import org.opensearch.search.aggregations.support.AggregationPath;
@@ -215,19 +216,11 @@ public InternalAggregation buildEmptyAggregation() {
 
     @Override
     protected LeafBucketCollector getLeafCollector(LeafReaderContext ctx, LeafBucketCollector sub) throws IOException {
-        MultiTermsValuesSourceCollector collector = multiTermsValue.getValues(ctx);
+        MultiTermsValuesSourceCollector collector = multiTermsValue.getValues(ctx, bucketOrds, this, sub);
         return new LeafBucketCollector() {
             @Override
             public void collect(int doc, long owningBucketOrd) throws IOException {
-                for (BytesRef compositeKey : collector.apply(doc)) {
-                    long bucketOrd = bucketOrds.add(owningBucketOrd, compositeKey);
-                    if (bucketOrd < 0) {
-                        bucketOrd = -1 - bucketOrd;
-                        collectExistingBucket(sub, doc, bucketOrd);
-                    } else {
-                        collectBucket(sub, doc, bucketOrd);
-                    }
-                }
+                collector.apply(doc, owningBucketOrd);
             }
         };
     }
@@ -268,12 +261,10 @@ private void collectZeroDocEntriesIfNeeded(long owningBucketOrd) throws IOExcept
         }
         // we need to fill-in the blanks
         for (LeafReaderContext ctx : context.searcher().getTopReaderContext().leaves()) {
-            MultiTermsValuesSourceCollector collector = multiTermsValue.getValues(ctx);
+            MultiTermsValuesSourceCollector collector = multiTermsValue.getValues(ctx, bucketOrds, null, null);
             // brute force
             for (int docId = 0; docId < ctx.reader().maxDoc(); ++docId) {
-                for (BytesRef compositeKey : collector.apply(docId)) {
-                    bucketOrds.add(owningBucketOrd, compositeKey);
-                }
+                collector.apply(docId, owningBucketOrd);
             }
         }
     }
@@ -287,7 +278,8 @@ interface MultiTermsValuesSourceCollector {
          * Collect a list values of multi_terms on each doc.
          * Each terms could have multi_values, so the result is the cartesian product of each term's values.
          */
-        List<BytesRef> apply(int doc) throws IOException;
+        void apply(int doc, long owningBucketOrd) throws IOException;
+
     }
 
     @FunctionalInterface
@@ -361,51 +353,17 @@ public MultiTermsValuesSource(List<InternalValuesSource> valuesSources) {
             this.valuesSources = valuesSources;
         }
 
-        public MultiTermsValuesSourceCollector getValues(LeafReaderContext ctx) throws IOException {
+        public MultiTermsValuesSourceCollector getValues(
+            LeafReaderContext ctx,
+            BytesKeyedBucketOrds bucketOrds,
+            BucketsAggregator aggregator,
+            LeafBucketCollector sub
+        ) throws IOException {
             List<InternalValuesSourceCollector> collectors = new ArrayList<>();
             for (InternalValuesSource valuesSource : valuesSources) {
                 collectors.add(valuesSource.apply(ctx));
             }
-            return new MultiTermsValuesSourceCollector() {
-                @Override
-                public List<BytesRef> apply(int doc) throws IOException {
-                    List<List<TermValue<?>>> collectedValues = new ArrayList<>();
-                    for (InternalValuesSourceCollector collector : collectors) {
-                        collectedValues.add(collector.apply(doc));
-                    }
-                    List<BytesRef> result = new ArrayList<>();
-                    scratch.seek(0);
-                    scratch.writeVInt(collectors.size()); // number of fields per composite key
-                    cartesianProduct(result, scratch, collectedValues, 0);
-                    return result;
-                }
-
-                /**
-                 * Cartesian product using depth first search.
-                 *
-                 * <p>
-                 * Composite keys are encoded to a {@link BytesRef} in a format compatible with {@link StreamOutput::writeGenericValue},
-                 * but reuses the encoding of the shared prefixes from the previous levels to avoid wasteful work.
-                 */
-                private void cartesianProduct(
-                    List<BytesRef> compositeKeys,
-                    BytesStreamOutput scratch,
-                    List<List<TermValue<?>>> collectedValues,
-                    int index
-                ) throws IOException {
-                    if (collectedValues.size() == index) {
-                        compositeKeys.add(BytesRef.deepCopyOf(scratch.bytes().toBytesRef()));
-                        return;
-                    }
-
-                    long position = scratch.position();
-                    for (TermValue<?> value : collectedValues.get(index)) {
-                        value.writeTo(scratch); // encode the value
-                        cartesianProduct(compositeKeys, scratch, collectedValues, index + 1); // dfs
-                        scratch.seek(position); // backtrack
-                    }
-                }
-            };
+            return new MultiValuesSourceCollectorImpl(collectors, scratch, bucketOrds, aggregator, sub);
         }
 
         @Override
@@ -414,6 +372,74 @@ public void close() {
         }
     }
 
+    static class MultiValuesSourceCollectorImpl implements MultiTermsValuesSourceCollector {
+
+        private final List<InternalValuesSourceCollector> collectors;
+        private final BytesStreamOutput scratch;
+        private final BytesKeyedBucketOrds bucketOrds;
+        private final BucketsAggregator aggregator;
+        private final LeafBucketCollector sub;
+
+        private final boolean collectViaAggregator;
+
+        public MultiValuesSourceCollectorImpl(
+            List<InternalValuesSourceCollector> collectors,
+            BytesStreamOutput scratch,
+            BytesKeyedBucketOrds bucketOrds,
+            BucketsAggregator aggregator,
+            LeafBucketCollector sub
+        ) {
+            this.collectors = collectors;
+            this.scratch = scratch;
+            this.bucketOrds = bucketOrds;
+            this.aggregator = aggregator;
+            this.sub = sub;
+            this.collectViaAggregator = aggregator != null && sub != null;
+        }
+
+        @Override
+        public void apply(int doc, long owningBucketOrd) throws IOException {
+            List<List<TermValue<?>>> collectedValues = new ArrayList<>();
+            for (InternalValuesSourceCollector collector : collectors) {
+                collectedValues.add(collector.apply(doc));
+            }
+            scratch.seek(0);
+            scratch.writeVInt(collectors.size()); // number of fields per composite key
+            cartesianProductRecursive(collectedValues, 0, owningBucketOrd, doc);
+        }
+
+        /**
+         * Cartesian product using depth first search.
+         */
+        private void cartesianProductRecursive(List<List<TermValue<?>>> collectedValues, int index, long owningBucketOrd, int doc)
+            throws IOException {
+            if (collectedValues.size() == index) {
+                // Avoid performing a deep copy of the composite key
+                long bucketOrd = bucketOrds.add(owningBucketOrd, scratch.bytes().toBytesRef());
+                if (collectViaAggregator) {
+                    if (bucketOrd < 0) {
+                        bucketOrd = -1 - bucketOrd;
+                        aggregator.collectExistingBucket(sub, doc, bucketOrd);
+                    } else {
+                        aggregator.collectBucket(sub, doc, bucketOrd);
+                    }
+                }
+                return;
+            }
+
+            long position = scratch.position();
+            List<TermValue<?>> values = collectedValues.get(index);
+            int numIterations = values.size();
+            for (int i = 0; i < numIterations; i++) {
+                TermValue<?> value = values.get(i);
+                value.writeTo(scratch); // encode the value
+                cartesianProductRecursive(collectedValues, index + 1, owningBucketOrd, doc); // dfs
+                scratch.seek(position); // backtrack
+            }
+        }
+
+    }
+
     /**
      * Factory for construct {@link InternalValuesSource}.
      *
@@ -441,9 +467,13 @@ static InternalValuesSource bytesValuesSource(ValuesSource valuesSource, Include
                         if (i > 0 && bytes.equals(previous)) {
                             continue;
                         }
-                        BytesRef copy = BytesRef.deepCopyOf(bytes);
-                        termValues.add(TermValue.of(copy));
-                        previous = copy;
+                        if (valuesCount > 1) {
+                            BytesRef copy = BytesRef.deepCopyOf(bytes);
+                            termValues.add(TermValue.of(copy));
+                            previous = copy;
+                        } else {
+                            termValues.add(TermValue.of(bytes));
+                        }
                     }
                     return termValues;
                 };