Thanks for guiding in the right direction.
Trying to achieve this via the image returning/steaming would have certainly been the; down the rabbit hole of approach of dealing with this.
So; as suggested I am now trying to get my string encoded and return that Encoded barcode in a "string" return type; along with the Object Format --> Font set to the desired Barcode Format encoding font in the Crystal Report.
But post implementation; when I try to do the Report Preview; I am getting the "Memory Full" error.
Have been trying to get around to no avail.
After some search tried got hold of this document "Crystal Reports : Troubleshooting for various types of memory errors. but for my case("Previewing a Report produces a Memory Full error") it further guides to "Search for Error Handling in Crystal Reports developer help for further information"; and not able to get hold of any reference regarding this.
Any help would be appreciated.
Thanks!