All animals everywhere belong to God. "For every beast of the forest is mine, and the cattle upon a thousand hills" (Ps. 50:10). "All things were created by him [Christ], and for him" (Col. 1:16). We cannot own what belongs to God; we're only caretakers. In Genesis 1 Christ gave us dominion over animals, not ownership.
In Genesis, we see that Adam and Eve were the caretakers of Eden, stewards of God's creations (Gen. 2:15). Their "dominion" was not to be tyrannical or dictatorial. In fact at that time both humans and animals ate herbs and fruits as food exclusively (Gen.1:29)
As a consequence of sin, humans now have permission to kill animals. But the question is: When is it acceptable to take an animal's life? For food and self-defense.
Animal sacrifices were commanded after sin. These animal sacrifices pointed to Christ's sacrifice and were intended to show us the horror of sin. When Jesus was crucified, He ended these animal sacrifices (Matt. 27:50, 51).
When is it acceptable to cause animals to suffer? Maybe for discipline, and surgery to save their life.
In my opinion any person who willfully abuses animals because he has them in his power is both a coward and a tyrant.
And yes God does love His creation including animals. Jesus made reference to the fact that God notices when a sparrow dies. (Mt 10:28-31; see also Lk 12:4-7). Also The psalmist proclaimed the luck of the sparrow and the generosity of God by writing that even the lowly sparrow was invited to make her home in the Lord's temple (Psa 84:3). =)