MOSFET body diodes are parasitic in nature… they are not put there on purpose, but are a byproduct of the MOSFET’s physical construction. Every diode, or P-N junction for that matter is a “zener”, just not a very good one. The doping levels are not carefully controlled for a reverse breakdown operating point as it is in a zener. Doping levels are completely different for diodes where the forward characteristics are of primary concern. Typically body diodes have the same current rating as the MOSFET. In the “power supply world” (DC-DC), the MOSFET body diode of the primary side switching element(s) is often used for reverse polarity protection and when used for synchronous rectification, depending on the drive circuitry, frequently a schottky diode is put in parallel to improve efficiency if there’s any chance it will conduct. Also, the body diode reverse recovery characteristics usually suck for hi frequency use. Besides IR, Onsemi also shows the body diode as a zener, where as Vishay, ST, Fairchild, Infineon and many other show it as a “regular” diode.