Honestly think that's the dumbest question I've ever read on the forums here... of course they have a reason to exist, its the entire food chain.
Not to mention did you not watch "The Lion King" when you were younger?
"Mufasa: Everything you see exists together in a delicate balance.
As king, you need to understand that balance and respect all the creatures, from the crawling ant to the leaping antelope.
Simba: But Dad, don't we eat the antelope?
Mufasa: Yes, Simba, but let me explain: When we die, our bodies become the grass, and the antelope eat the grass.
And so we are all connnected in the great Circle of Life."