The answer is intended to explain more about the libpcap.
libpcap uses the PF_PACKET to capture packets on an interface. Refer to the following link.
https://www.kernel.org/doc/Documentation/networking/packet_mmap.txt
From the above link
In Linux 2.4/2.6/3.x if PACKET_MMAP is not enabled, the capture process is very
inefficient. It uses very limited buffers and requires one system call to
capture each packet, it requires two if you want to get packet's timestamp
(like libpcap always does).
In the other hand PACKET_MMAP is very efficient. PACKET_MMAP provides a size
configurable circular buffer mapped in user space that can be used to either
send or receive packets. This way reading packets just needs to wait for them,
most of the time there is no need to issue a single system call. Concerning
transmission, multiple packets can be sent through one system call to get the
highest bandwidth. By using a shared buffer between the kernel and the user
also has the benefit of minimizing packet copies.
performance improvement may vary depending on PF_PACKET implementation is used.
From https://www.kernel.org/doc/Documentation/networking/packet_mmap.txt -
It is said that TPACKET_V3 brings the following benefits:
*) ~15 - 20% reduction in CPU-usage
*) ~20% increase in packet capture rate
The downside of using libpcap -
If an application needs to hold the packet then it may need to make
a copy of the incoming packet.
Refer to manpage of pcap_next_ex.
pcap_next_ex() reads the next packet and returns a success/failure indication. If the packet was read without problems, the pointer
pointed to by the pkt_header argument is set to point to the
pcap_pkthdr struct for the packet, and the pointer pointed to by the
pkt_data argument is set to point to the data in the packet. The
struct pcap_pkthdr and the packet data are not to be freed by the
caller, and are not guaranteed to be valid after the next call to
pcap_next_ex(), pcap_next(), pcap_loop(), or pcap_dispatch(); if the
code needs them to remain valid, it must make a copy of them.
Performance penalty if application only interested in incoming
packets.
PF_PACKET works as taps in the kernel i.e. all the incoming and outgoing packets are delivered to PF_SOCKET. Which results in an expensive call to packet_rcv for all the outgoing packets. Since libpcap uses the PF_PACKET, so libpcap can capture all the incoming as well outgoing packets.
if application is only interested in incoming packets then outgoing packets can be discarded by setting pcap_setdirection on the libpcap handle. libpcap internally discards the outgoing packets by checking the flags on the packet metadata.
So in essence, outgoing packets are still seen by the libpcap but only to be discarded later. This is performance penalty for the application which is interested in incoming packets only.