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Antiochus comments on What legal ways do people make a profit that produce the largest net loss in utility? - Less Wrong
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Let's take two ecosystems. One is rich and diverse, full of creatures mostly eating each other. Another is poor and sparse, hardly any creatures live there.
Can you gain utility by converting the first ecosystem into the second one?
That's a question with an answer. Do wild animals suffer so much their lives aren't worth living? Then yes. My gut feeling is that it isn't the case, however, or it varies a lot from specie to specie - some might inherently suffer more than others by being kept in a naturally high state of stress, etc.