Image Component support for "avif" image format

[Svatex]

Hi guys,
We would like to use the avif image format for our project. I didn't find any official list of supported image formats for <Image/> component, there is just mention in docs that buffer png/jpg will be used if not specified, so it sounds like some other formats are supported too. On the other hand, in types, it seems that only png/jpg is supported. Is there any way to make it work?
Thanks!

[rehanshaikymts]

Facing same issue, all the images we have stored are in avif format, IG I need to write a route in backend to get the images from cdn, and convert it to other formats. 😪